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    Graphing Relationship Between Income and Saving

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    The following table contains data on the relationship between savings and income. Rearrange these data into a meaningful order and graph them on the accompanying grid. What is the slope of the line? The vertical intercept? Write and equation that represents this line. What would you predict savings to be at the $12,500 level of income?

    Income Per Year Savings Per Year
    $15,000 $1000
    0 -500
    10,000 500
    5,000 0
    20,000 1,500

    © BrainMass Inc. brainmass.com October 10, 2019, 4:10 am ad1c9bdddf
    https://brainmass.com/economics/income-distribution/graphing-relationship-between-income-and-saving-450629

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    Solution Summary

    This solution shows how to graph the relationship between annual income and savings, and then uses the graph to predict the amount of saving at a given level of income.

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