Exhibit 9-1 -Given the Data in Exhibit 9-1, the Level of Saving

question 145

Multiple Choice

Exhibit 9-1

-Given the data in Exhibit 9-1, the level of saving at a disposable income of $1,200 is

• A)$80
• B)$240
• C)$950
• D)$1,200
• E)$1,300

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Definitions:

Union Dues

Membership fees paid by workers to labor unions to support the union's operations and activities.

Fiduciary Responsibility

The obligation to act in the best interest of another party, such as a trustee's duty towards beneficiaries or a director's duty to company shareholders.

Landrum-Griffin Act

A 1959 United States law aiming to regulate labor unions' internal affairs and their officials' relationships with employers.

Department Of Labor

A cabinet-level department of the U.S. government responsible for occupational safety, wage standards, unemployment insurance benefits, re-employment services, and some economic statistics.