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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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