Refer to the information provided in Figure 8.3 below to answer the questions that follow. Figure 8.3
-Refer to Figure 8.3. For this society, aggregate saving is ________ if aggregate income is above $200.
A) negative
B) positive
C) zero
D) equal to aggregate consumption

Question

Refer to the information provided in Figure 8.3 below to answer the questions that follow.  Figure 8.3
-Refer to Figure 8.3. For this society, aggregate saving is ________ if aggregate income is above $200.
A) negative 
B) positive 
C) zero 
D) equal to aggregate consumption

Quizplus · Accepted Answer

In Figure 8.3, the saving line is above the consumption line for aggregate income levels above $200, indicating that aggregate saving is positive in this range. Thus, the correct choice is B.

Refer to the Information Provided in Figure 8