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This question was created from Econ_1A_Exam_3_Spring_2007


1. Given that C = 1000 + 0.70Y, if the level of disposable income is $1000, the level of
saving is:
A) -$700. B) $700. C) -$300. D) $300.

Top Answer

C = 1,000 + (0.7 x 1,000) = 1,700 Saving... View the full answer

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