At a level of real disposable income of 0 suppose consumptio

At a level of real disposable income of $0, suppose consumption is $2,000. Given this information, we know with certainty that saving equals -$1,000. $2,000. so. $2,000. PrevicusSopSave& Next earningPlatform/quiz/studienthtml?operationsstartQuizs e to search ho 9 144

Solution

-$2000

Private savings= Disposable Income - Consumption

Disposable income = $0

Consumption = $2000

Private savings = $0-$2000=$2000

 At a level of real disposable income of $0, suppose consumption is $2,000. Given this information, we know with certainty that saving equals -$1,000. $2,000. s

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