If Zander's Saving Function Is of the Form [S =

question 74

Multiple Choice

If Zander's saving function is of the form [S = -150 + 0.5Y], his consumption equals his income at an income level of

• A) 150.
• B) 225.
• C) 300.
• D) 1,500.

---

Definitions:

China

A country in East Asia, the world's most populous nation, with a rich history, diverse cultures, and significant influence on global affairs.

Japan

Situated in the Pacific, Japan stands as a nation steeped in a blend of modern innovation alongside deep-rooted cultural practices and is noted for its significant contributions to global culture and technology.

Emelian Pugachev

A Cossack leader who led a major peasant uprising against the Russian empire in the 18th century, known as Pugachev's Rebellion.

Tsar Peter III

The Russian emperor who reigned briefly in 1762 and was noted for his attempts to modernize the Russian army and government before being overthrown.