Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What does planned real saving equal when real disposable income equals $1200?

Which of the following is the same as a currency union?

A) a monetary union B) a currency pact C) a monetary pact D) a monetary area

The assumption of variable velocity translates to, in IS-LM analysis, __________ curves

A) downward sloping IS B) vertical IS C) upward sloping LM D) vertical LM