The table given below shows the disposable income and consumption of a household.In the table below,the level of saving at a disposable income of $1,200 is:
Table 9.1
?
?
$1,0008001,1008801,2009601,3001,0401,4001,120\begin{array}{cc}\text { Disposable }\\\text { Income }(\$) & \text { Consumption }(\$) \\\hline 1,000 & 800 \\1,100 & 880 \\1,200 & 960 \\1,300 & 1,040 \\1,400 & 1,120\end{array}$

A) $80
B) $240
C) $950
D) $1,200
E) $1,300

Question

The table given below shows the disposable income and consumption of a household.In the table below,the level of saving at a disposable income of $1,200 is:
Table 9.1
?
?

1,0008001,1008801,2009601,3001,0401,4001,120\begin{array}{cc}\text { Disposable }\\\text { Income }(\$) & \text { Consumption }(\$) \\\hline 1,000 & 800 \\1,100 & 880 \\1,200 & 960 \\1,300 & 1,040 \\1,400 & 1,120\end{array}

A) $80
B) $240
C) $950
D) $1,200
E) $1,300

Souhail Hamdy · Accepted Answer

Final Answer : B, Explanation :  Savings at a disposable income of $1,200 is calculated by subtracting consumption at that income level from the disposable income itself. So, $1,200 (disposable income) - $960 (consumption) = $240 (savings).

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