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Saving is that part of income which is not consumed.
True/False
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- Find the consumption when savings are 94 and the income is 110Personal income (PI) is the income that households are free to spend or save as they please. true or falseYou are saving up for a big investment in six years. You estimate it will take $14,500 to secure this investment. How much do you need to put into a savings account at the end of each year if the savings account earns 4%? Neglect taxes.
- Investors become optimistic with respect to the economic situation. Analyze its effect on interest rate (r), investment (I), and savings (S).Calculate the value of sales if value of output is $640 million and change in stock is $80 millionIf sales are $88 million and change in stock is $20 million Find value of output
- As the interest rate increases, the opportunity cost of _____. a. borrowing decreases b. past consumption decreases c. current consumption increases d. saving increases e. saving decreasesWhat is the lower present value product?Savers Surplus Spending Units (SSU) provide funds with the expectation of earning profit. *True or False?
