Use the Following to Answer Questions

question 218

Multiple Choice

Use the following to answer questions .
Exhibit: Consumption and Disposable Personal Income
-(Exhibit: Consumption and Disposable Personal Income) When disposable personal income is $2,000 billion,

• A) personal saving is $1,200 billion.
• B) consumption is $1,600 billion.
• C) saving is $800 billion.
• D) consumption is $800 billion.

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Definitions:

Midterm Election

Elections held midway through the term of the sitting President of the United States, where a significant portion of the Congress and some state governors are elected.

Republicans in Congress

Republicans in Congress are members of the United States Congress who are part of the Republican Party, one of the two major political parties in the United States, often associated with conservative policies.

November 1994

A specific point in time, referring to the month of November in the year 1994, which may be significant for historical, political, or cultural events.

State of the Union Address

An annual message delivered by the President of the United States to Congress, outlining the nation's condition and proposing legislative agenda.