Question regarding the private savings

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Reference no: EM131114742

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: EM131114742

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