Asked by Kay
Real Disposable (Billions) Consumption Expenditures (Billions) Savings (Billions)
Income
$100 $150 ____________
200 200 ____________
300 250 ____________
400 300 ____________
a. Graph the consumption function with consumption spending on the vertical axis and disposable
income on the horizontal axis.
b. If the consumption function is a straight line, what is its slope?
c. Fill in the saving column at each level of income. If the saving function is a straight line, what is its
slope?
Really having a hard time with this question.
Income
$100 $150 ____________
200 200 ____________
300 250 ____________
400 300 ____________
a. Graph the consumption function with consumption spending on the vertical axis and disposable
income on the horizontal axis.
b. If the consumption function is a straight line, what is its slope?
c. Fill in the saving column at each level of income. If the saving function is a straight line, what is its
slope?
Really having a hard time with this question.
Answers
There are no human answers yet.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.