If the Personal Saving Rate Is 5% and Personal Saving

question 22

Multiple Choice

If the personal saving rate is 5% and personal saving is $10 billion, the value of personal disposable income

• A) is $100 billion.
• B) is $200 billion.
• C) is $500 billion.
• D) cannot be determined from this information.

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Definitions:

Scab

A crust that forms over a wound or sore during healing, composed of dried blood, plasma, and other bodily fluids.

Serous Membrane

A thin layer of tissue that lines certain internal cavities of the body, producing serous fluid for lubrication.

Synovial Membrane

A type of connective tissue that lines the inner surface of synovial joints, producing synovial fluid for lubrication and nourishment of the joint.

Mucous Membrane

A layer of epithelial tissue that lines various cavities of the body and secretes mucus, which is protective and lubricating.