Refer to the information provided in Figure 8.4 below to answer the questions that follow. 
Figure 8.4
-Refer to Figure 8.4. If income is Y1, aggregate consumption is the smallest when the aggregate consumption function is
Definitions:
Incentives
Rewards or penalties that influence the motivation and behaviors of individuals and organizations towards certain actions.
Minimum-Wage Laws
A law that establishes the minimum hourly wage employers are legally allowed to pay their employees.
Labor Demand
The total amount of workers that employers are willing and able to hire at a given wage rate in an economy or specific market.
Working Poor
Describes individuals who are employed but whose earnings are insufficient to meet the basic costs of living.
Q19: Refer to Figure 8.2. Negative saving is
Q31: Refer to Table 8.8. The equilibrium level
Q121: Refer to Table 9.4. At an output
Q169: If the inflation rate is smaller than
Q187: The term structure of interest rates is
Q190: Uncertainty about the future is likely to<br>A)
Q193: Refer to Figure 9.4. Along aggregate expenditure
Q224: Refer to Figure 8.11. A $10 million
Q322: In practice, the actual size of the
Q324: The federal debt is the<br>A) same as