Use the Figure Below to Answer the Following Questions

question 52

Multiple Choice

Use the figure below to answer the following questions.

Figure 27.1.1
This figure describes the relationship between consumption expenditure and disposable income for an economy.
-Refer to Figure 27.1.1. When disposable income is $500 billion, saving is equal to

• A)disposable income.
• B)zero.
• C)$20 billion.
• D)consumption expenditure.
• E)$40 billion.

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The customs, traditions, and values shared by the people living in North America, encompassing diverse societal norms.

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The shared beliefs, values, norms, and practices that characterize a group of people or a society.

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