can you please draw the graph 1. (Appendix Question) The following table contains data on the relationship between saving and income.Rearrange these data into a meaningful order and graph them on the accompanying grid. Thevariable on X-axis should be (Label variables on the graph. →), and the variable on y-axis should be ().100Income(per year)Saving(per year)soS-2050501002015040-5050100150The relationship between income and saving is (direct, inverse; positive, negative ). That means, asincome increases, the amount of saving (increases, decreases, stays the same).What is the slope of the line? Slope =.The slope shows the amount of changes in savings due to the changes in income. That is, for every $1increase in income, the amount of increase in saving will be $The vertical intercept? (= $when income is C= Vertical changes + Horizontal changes_). The intercept shows the amount of saving (dissaving) occurring

Answered: an you please draw the graph

Business

Economics

an you please draw the graph

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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