Figure 13-1 -Refer to Figure 13-1. Assuming That the Relationship Between Consumption

question 210

Multiple Choice

Figure 13-1
-Refer to Figure 13-1. Assuming that the relationship between consumption and disposable personal income remains linear throughout its entire range, if disposable personal income were zero, what would personal saving be?

• A) −$200 billion
• B) $0
• C) $200 billion
• D) $400 billion

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Definitions:

Positive Values

Numerical quantities greater than zero, indicating a magnitude or quantity in a specified direction.

Negative Values

Numbers less than zero, often representing deficits, decreases, or inverse quantities in various contexts, including mathematics and finance.

Legend

A key or explanation that helps decipher symbols, colors, or patterns used in charts, maps, or diagrams.

Chart

A graphical representation of data designed to visualize complex information in an easily understandable format.