Solved

-The Above Table Has Data from the Nation of Atlantica

Question 8

Multiple Choice

 Disposable income  (trillions of 2005 dollars)   Consumption expenditure  (trillions of 2005 dollars)  0.01.81.02.62.03.23.04.04.05.8\begin{array} { c c } \begin{array} { c } \text { Disposable income } \\\text { (trillions of 2005 dollars) }\end{array} & \begin{array} { c } \text { Consumption expenditure } \\\text { (trillions of 2005 dollars) }\end{array} \\\hline 0.0 & 1.8 \\1.0 & 2.6 \\2.0 & 3.2 \\3.0 & 4.0 \\4.0 & 5.8 \\\hline\end{array}
-The above table has data from the nation of Atlantica.Based on these data, when disposal income equals $3.0 trillion,


A) savings equals $4.0 trillion.
B) savings equals $1.trillion.
C) dissavings equals $4.0 trillion.
D) dissavings equals $1.0 trillion.
E) savings equals $3.0 trillion.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions