Refer to the information provided in Figure 23.3 below to answer the question(s) that follow.
Figure 23.3Refer to Figure 23.3. Which of the following statements is false?
A. For all aggregate income levels above $200 billion, aggregate consumption is less than aggregate income.
B. If consumption is the only expenditure, this economy would be in equilibrium at an aggregate income level of $200 billion.
C. Aggregate saving is negative for all income levels below $400 billion.
D. Saving is negative at all income levels below $200 billion.
Answer: C
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