ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Disposable income
(trillions of 2012 dollars)
Consumption expenditur
(trillions of 2012 dollars)
0.0
1.5
2.0
3.0
4.0
4.5
6.0
6.0
8.0
7.5
The above table has data from the nation of Atlantica.
Based on these data, at what point does saving equal
zero?
None, dissavings occurs at all of the above points.
between disposable income of $8.0 trillion and $7.5 trillion
between disposable income of $0.0 and $1.5 trillion
at disposable income of $6.0
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Transcribed Image Text:Disposable income (trillions of 2012 dollars) Consumption expenditur (trillions of 2012 dollars) 0.0 1.5 2.0 3.0 4.0 4.5 6.0 6.0 8.0 7.5 The above table has data from the nation of Atlantica. Based on these data, at what point does saving equal zero? None, dissavings occurs at all of the above points. between disposable income of $8.0 trillion and $7.5 trillion between disposable income of $0.0 and $1.5 trillion at disposable income of $6.0
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