Solved

When Disposable Income Equals $800 Billion, Planned Consumption Expenditure Equals

Question 37

Multiple Choice

When disposable income equals $800 billion, planned consumption expenditure equals $600 billion, and when disposable income equals $1,000 billion, planned consumption expenditure equals $640 billion. What is planned saving when disposable income is $800 billion?


A) $200 billion
B) $360 billion
C) $560 billion
D) $1,400 billion

Correct Answer:

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