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2) Consider the following information Transfer Payments Made by Household Billions of BHD Personal Interest Payments Personal Income Personal Consumption Expenditures 100 10 700

2) Consider the following information Transfer Payments Made by Household Billions of BHD Personal Interest Payments Personal Income Personal Consumption Expenditures 100 10 700 300 d) If the income tax rate is 20%, calculate the personal saving rate (2 marks) O a 26.79% O b. 25 Oc. 26.79

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