Identify, what does the shaded area (AEFG), in the given figure indicate?
I. Consumption > Income
II. Saving = Zero (0)
III. Consumption < Income
IV. Saving < Zero (0)
Alternatives:
(A) I and Il
(B) II and III
(C) III and N
(D) I and IV
CBSE Economics class 12 question and answer | Identify, what does the shaded area (AEFG), in the given figure indicate?
I. Consumption > Income
II. Saving = Zero (0)
III. Consumption < Income
IV. Saving < Zero (0)
Alternatives:
(A) I and Il
(B) II and III
(C) III and N
(D) I and IV