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Bryan Martinez
on Oct 13, 2024

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In this graph,when disposable income is 4,000,savings is

A) 4,000.
B) 3,000.
C) 2,500.
D) 750.

Disposable Income

The fiscal capacity for households to commit to spending and saving following income taxation.

Savings

The portion of income not spent on consumption but kept aside for future use, often in a bank or other financial instruments.

  • Identify the effect of disposable income on the amounts saved and spent.
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David WisniewskiOct 18, 2024
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