Multiple Choice
-Refer to the above figure. If real disposable income is less than $5,000, then saving is
A) 0.
B) negative.
C) positive.
D) none of the above: cannot be determined with the given information.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: If the average propensity to consume is
Q68: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Use the above
Q69: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -According to the
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Use the above
Q71: A lump-sum tax, such as a $1000
Q73: Suppose that when disposable income increases by
Q74: Suppose there is a $20 million increase
Q75: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q76: If the aggregate supply curve is upward
Q77: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the