Solution-Private savings equal, At what income level will

Private savings equal

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Reference no: EM131116709

Use the following data:

Consumer Income	Consumption
$0	$15,000
5,000	19,000
10,000	23,000
15,000	27,000
20,000	31,000

At what income level will private savings equal $0?

1. Between $45,000 and $50,000

2. Between $50,000 and $55,000

3. Between $55,000 and $60,000

4. Between $60,000 and $65,000

5. Greater than $65,000

Reference no: EM131116709

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Private savings equal

Reference no: EM131116709

Reference no: EM131116709

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