The table shows disposable income and saving in an economy. Calculate consumption expenditure at each level of disposable income. Over what range of disposable income is there dissaving? Estimate the level of disposable income at which saving is zero. >>> Answer to 1 decimal place. Disposable income 0 (trillions of dollars) Saving 10 20 30 40 53--35 50 5 When disposable income is $30 trillion, consumption expenditure is $ trillion.
The table shows disposable income and saving in an economy. Calculate consumption expenditure at each level of disposable income. Over what range of disposable income is there dissaving? Estimate the level of disposable income at which saving is zero. >>> Answer to 1 decimal place. Disposable income 0 (trillions of dollars) Saving 10 20 30 40 53--35 50 5 When disposable income is $30 trillion, consumption expenditure is $ trillion.
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 1.2P
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Transcribed Image Text:The table shows disposable income and saving in an economy.
Calculate consumption expenditure at each level of disposable income.
Over what range of disposable income is there dissaving? Estimate the
level of disposable income at which saving is zero.
>>> Answer to 1 decimal place.
Disposable income
0
(trillions of dollars)
Saving
10
20
30
40
53--35
50
5
When disposable income is $30 trillion, consumption expenditure is $
trillion.
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