Answer to Question #332891 in Microeconomics for Unknown

Question #332891

Use the following information to solve questions.

Total income =40 000

Autonomous consumption =10 000

c = 0.7

Tax rate =0.35

Disposable income is...

O a. 11 600

O b. 26 000

O c. 14 000

O d. 18 200

Expert's answer

d. 18 200

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