Assertion (A): Saving curve makes a negative intercept on the vertical axis at zero level of income..................

These are the options for the question :Assertion (A): Saving curve makes a negative intercept on the vertical axis at zero level of income. Reason (R): Saving function refers to the functional relationship between saving and income. Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A). c) Assertion (A) is true but Reason (R) is false. d) Assertion (A) is false but Reason (R) is true.

The correct answer is -b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)