Multiple Choice
The figure given below represents the saving function of an economy. Figure 9.1 Refer to Figure 9.1.At the real GDP level of $400 billion, which of the following statements is true?
A) There is dissaving.
B) Saving is equal to $10 billion.
C) Consumption is equal to disposable income.
D) The slope of the saving function is equal to zero.
E) The slope of the consumption function is equal to zero.
Correct Answer:

Verified
Correct Answer:
Verified
Q76: _ is the primary determinant of consumption
Q77: The sum of the MPC and the
Q78: The consumption function has a positive slope
Q79: Which of the following statements concerning the
Q80: All of the following would cause exports
Q82: Table 9.2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2060/.jpg" alt="Table 9.2
Q83: The figure given below represents the saving
Q84: The figure given below represents the consumption
Q85: The net export function is negatively sloped
Q86: Once macroeconomic equilibrium has been established in