Explain level of disposable income

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Reference no: EM1353007

Advanced analysis) Answer the next question(s) on the basis of the following consumption schedule: C = 20 + .9Y, where C is consumption and Y is disposable income. REfer to this data. At an $800 level of disposable income, the level of savings is:

$180
$740
$60
$18

Reference no: EM1353007

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