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Answer the next question(s) on the basis of the following consumption schedule: C = 20 + .9Y, where C is consumption and Y is disposable

Answer the next question(s) on the basis of the following

consumption schedule: C = 20 + .9Y, where C is consumption and Y is disposable

income.

Refer to the above data. At an $800 level of disposable income, the level of saving is

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