Author Question: If disposable personal income is $400 billion and personal saving is $8 billion, the personal saving rate is (Read 103 times)

jwb375 · **on:** Apr 19, 2019

Question 1

The personal saving rate is

◦ the difference between total personal spending and personal saving.
◦ the difference between personal income and disposable personal income.
◦ the ratio of personal income to personal saving.
◦ the percentage of disposable personal income that is saved.

Question 2

If disposable personal income is $400 billion and personal saving is $8 billion, the personal saving rate is

◦ 1.5%.
◦ 2%.
◦ 5%.
◦ 12%.

iceage · **Reply #1 on:** Apr 19, 2019

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jwb375 · **Reply #2 on:** Apr 19, 2019

TY

iceage · **Reply #3 on:** Apr 19, 2019

You're welcome