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Personal income amounted to $17 million last year. Personal current taxes amounted to $4 million and personal outlays for consumption expenditures , nonmortgage interest, and so forth were $12 million.

A. What was the amount of disposable personal income last year?

b. What was the amount of personal saving last year?

C. find out personal saving as a percentage of disposable personal income.

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  • Reference No.:- M946582

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