Assume: The current levels of intended spending are: C = $200B + 0.85Yd X = $250B Yf = $2.8T | = $150B M = 0.1Yd TR1 = 20% G1 = $300B Prices are constant Question 16 Thought Question - Under the initial scenario, what is the current rate of savings as a percent of gross income? 1. 2.75% 2. 16% 3. 12 % 4.0.05%

Assume: The current levels of intended spending are: C = $200B + 0.85Yd X = $250B Yf = $2.8T | = $150B M = 0.1Yd TR1 = 20% G1 = $300B Prices are constant Question 16 Thought Question - Under the initial scenario, what is the current rate of savings as a percent of gross income? 1. 2.75% 2. 16% 3. 12 % 4.0.05%

Principles of Macroeconomics (MindTap Course List)

7th Edition

ISBN:9781285165912

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: Savings,Investment And The Financial System

Section: Chapter Questions

Problem 2QCMC

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