The Following Table Shows Some Data on Consumption at Various

question 46

Multiple Choice

The following table shows some data on consumption at various levels of income. Income
Consumption
$0
$200
$1,000
$1,000
$2,000
$1,800
$3,000
$2,600
$4,000
$3,400
$5,000
$4,200
$6,000
$5,000
Investment spending is $600.If there is no government spending or net exports,the equilibrium income level is:

• A) $1,000.
• B) $2,000.
• C) $3,000.
• D) $4,000.

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Definitions:

Nonparents

Individuals who do not have children, either by choice or circumstance.

Child-Free

Individuals or couples who choose not to have children.

Infertile

The inability to conceive a child after a year or more of regular sexual intercourse without the use of birth control.

Placenta

An organ that connects the developing fetus to the uterine wall to provide nutrients and oxygen via the mother’s bloodstream to the fetus while also removing waste products from the fetus’ blood.