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    Macroeconomics Principles Study Set 1
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    Exam 8: Aggregate Expenditures
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    (Figure: Consumption Spending) at Point a in the Graph Provided
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(Figure: Consumption Spending) at Point a in the Graph Provided

Question 253

Question 253

Multiple Choice

(Figure: Consumption Spending) At point A in the graph provided (Figure: Consumption Spending)  At point A in the graph provided   A)  saving is $20. B)  consumption is zero. C)  saving is zero. D)  consumption exceeds income by $20.


A) saving is $20.
B) consumption is zero.
C) saving is zero.
D) consumption exceeds income by $20.

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