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Author Question: If disposable personal income is $400 billion and personal saving is $8 billion, the personal saving rate is (Read 101 times)

jwb375

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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%.


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Marked as best answer by jwb375 on Apr 19, 2019

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