Refer to the information provided in Figure 23.2 below to answer ...

[futuristic]

TY

[Brenm]

You're welcome

[WhattoUnderstand]

Question 1

Refer to the information provided in Figure 23.2 below to answer the question(s) that follow.










Refer to Figure 23.2. The line segment 
________ represents Jerry's consumption when income equals zero.

◦ BA
◦ DA
◦ BC
◦ BD

Question 2

Refer to the information provided in Figure 23.2 below to answer the question(s) that follow.










Refer to Figure 23.2. Jerry's ________ equals his ________ at Point 
A.

◦ consumption; saving
◦ consumption; income
◦ saving; income
◦ All of these

[joewallace]

Answer 1

BD

Answer 2

consumption; income

[bucstennis@aim.com]

Question 1

Refer to the information provided in Figure 23.2 below to answer the question(s) that follow.










Refer to Figure 23.2. Jerry's ________ equals ________ at income level 
Y
₁.

◦ consumption; saving
◦ saving; zero
◦ consumption; investment
◦ consumption; zero

Question 2

Refer to the information provided in Figure 23.2 below to answer the question(s) that follow.










Refer to Figure 23.2. Jerry's saving is positive along the line segment

◦ BD.
◦ DA.
◦ BA.
◦ AC.

[karlss]

Answer 1

saving; zero

Answer 2

AC.

[bucstennis@aim.com]

TY

[karlss]

You're welcome

[NClaborn]

Question 1

Refer to the information provided in Figure 23.2 below to answer the question(s) that follow.










Refer to Figure 23.2. Jerry's saving is negative along the line segment

◦ AY
₁.
◦ AB.
◦ CY
₂.
◦ AC.

Question 2

Refer to the information provided in Figure 23.2 below to answer the question(s) that follow.










Refer to Figure 23.2. Negative saving is represented by the area

◦ DBCY
₂.
◦ DBAY
₁.
◦ DBAD.
◦ ACY
₂
Y
₁.

[shayla]

Answer 1

AB.

Answer 2

DBAD.