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Assume personal income was $30 million last year. Personal outlays were $10 million and personal current taxes were $5 million. (a) Your answer is correct

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Assume personal income was $30 million last year. Personal outlays were $10 million and personal current taxes were $5 million. (a) Your answer is correct What was the amount of disposable personal income last year? Disposable personal income (DPI) 25 million eTextbook and Media Attempts: 1 of 2 used (b) What was the amount of personal saving last year? Personal savings (PS) million e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answer (c) Calculate personal saving as a percentage of disposable personal income. (Round answer to 1 decimal places, eg. 527.5.) Savings rate %

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