Cindy takes a summer job and earns an after-tax income of $8,000. Her living expenses during the summer were $2,000. What was Cindy's saving during the summer and the change, if any, in her wealth?

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
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Cindy takes a summer job and earns an after-tax income of $8,000. Her living expenses during the summer were $2,000.
What was Cindy's saving during the summer and the change, if any, in her wealth?
>>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign.
Cindy's saving during the summer is $9
The change in Cindy's wealth is $0.
Nez
Transcribed Image Text:Cindy takes a summer job and earns an after-tax income of $8,000. Her living expenses during the summer were $2,000. What was Cindy's saving during the summer and the change, if any, in her wealth? >>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign. Cindy's saving during the summer is $9 The change in Cindy's wealth is $0. Nez
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