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