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Refer to the Information Provided in Figure 23

Question 326

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Refer to the information provided in Figure 23.3 below to answer the question(s) that follow. Refer to the information provided in Figure 23.3 below to answer the question(s)  that follow.   Figure 23.3 -Refer to Figure 23.3. Which of the following statements is true? A)  Aggregate saving is negative for all income levels below $400. B)  For all aggregate income levels above $200, aggregate consumption is greater than aggregate income. C)  If consumption is the only expenditure, this economy would be in equilibrium at an aggregate income level of $300. D)  Saving is negative at all income levels below $200. Figure 23.3
-Refer to Figure 23.3. Which of the following statements is true?


A) Aggregate saving is negative for all income levels below $400.
B) For all aggregate income levels above $200, aggregate consumption is greater than aggregate income.
C) If consumption is the only expenditure, this economy would be in equilibrium at an aggregate income level of $300.
D) Saving is negative at all income levels below $200.

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