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Nancy has a gross income of $75,000, disposable income of $60,000 and discretionary income of $12,000, and she saves $15,000 a year. Her savings ratio

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Nancy has a gross income of $75,000, disposable income of $60,000 and discretionary income of $12,000, and she saves $15,000 a year. Her savings ratio is A. 20 percent B. 23 percent C. 21 percent D. 25 percent

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