Question 1
Refer to the information provided in Figure 23.5 below to answer the question(s) that follow.
Refer to Figure 23.5. In this graph, 0.25 represents this society's
◦
MPC.
◦
MPS.
◦ saving function.
◦ consumption function.
Question 2
Refer to the information provided in Figure 23.5 below to answer the question(s) that follow.
Refer to Figure 23.5. Aggregate saving is -100 billion when aggregate income is ________ billion.
◦ -$50
◦ $400
◦ $800
◦ $900