Refer to the information provided in Figure 8.7 below to answer the questions that follow. Figure 8.7
-Refer to Figure 8.7. In Ichabodia, planned investment varies directly with income. Ichabodia's planned investment function is represented by
A) Panel A.
B) Panel B.
C) Panel C.
D) Panel D.

Question

Refer to the information provided in Figure 8.7 below to answer the questions that follow.  Figure 8.7
-Refer to Figure 8.7. In Ichabodia, planned investment varies directly with income. Ichabodia's planned investment function is represented by
A) Panel A. 
B) Panel B. 
C) Panel C. 
D) Panel D.

Quizplus · Accepted Answer

Panel A shows a positive relationship between income and planned investment, which is consistent with the given information.

Refer to the Information Provided in Figure 8