Dull 0SavedSuppose a nation has disposable income of $41,000, if the nation consumes $35,000. What is the national level of savings?Multiple ChoiceOOOO$1.17$85.36$76,000$6,000$4%54#3922< Prev4 of 9Next >MacBook ProG

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Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter8: Savings,investment And The Financial System

Section: Chapter Questions

Problem 4QR

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If consumption of household is $3500 and income is $5000 Calculate saving
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uestion 3 If you want to minimize interest payments on a loan, you'll need one that has a simple interest rate so that yo John opened an account, and knew exactly how much it would be worth at the end of the year, because it used year. What is simple interest? Oa. Interest only on original amount saved or borrowed Ob. interest on original amount saved, borrowed and other interest earned Oc. a fee paid for the use of someone else's money Od. taxes on the original amount saved or borrowed L A Moving to another question will save this response. →
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Activity 1 Directions: Solve the following problems. 1. Glenda owes the bank some money. àt 4%'per year. After haf a year; she paid PHP220:00 as interest. How much money does she owe the bank? 2. Martin takes a loan of PhP250,000 to buy a used truck at the rate of 9% simple interest. Calculate the annual interest to be paid for the loan amount.

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Dull 0 Saved Suppose a nation has disposable income of $41,000, if the nation consumes $35,000. What is the national level of savings? Multiple Choice O O O O $1.17 $85.36 $76,000 $6,000 $ 4 % 54 #3 92 2 < Prev 4 of 9 Next > MacBook Pro G