Multiple Choice
-Refer to the above diagram.The equation for the saving schedule is:
A) S = .6Y.
B) Y = 60 + .6S.
C) S = 60 + .4Y.
D) S = -60 + .4Y.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q35: The real interest rate is:<br>A)the percentage increase
Q46: Dissaving means:<br>A)the same thing as disinvesting.<br>B)that households
Q102: The following table illustrates the multiplier process
Q110: If the firm in the previous question
Q121: The equation C = 35 + .75Y,
Q122: Which of the following will not tend
Q131: The simple multiplier may be calculated as:<br>A)1/(MPS
Q153: The multiplier is useful in determining the:<br>A)full-employment
Q165: The average propensity to consume indicates the:<br>A)amount
Q203: At the point where the consumption schedule