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An individual has a gross income of 1000. The average tax rate is 20%. The tax benefit is 100. Consumption is 60% of disposable income.
An individual has a gross income of 1000. The average tax rate is 20%. The tax benefit is 100. Consumption is 60% of disposable income. How much is this individual's saving?
- 288
- 360
- 540
- 320
For a national economy we observe the following. Public debt at the beginning of the period is 60 billion. The government runs a primary deficit of 20. The interest rate is 5%. How much is the public debt at the end of the period?
- 63
- 80
- 84
- 83
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