Question

Based on an annual disposable income of $40,000, calculate the average amount o money a person would save in japan; in the united states; in france.

Answer 1

Answer:

Japan     $760

The United States     $1,600

France          $6,320

Explanation:

Total personal revenue is the disposable income less personal taxes. Employee earnings minus employee actual taxes in terms of national reports reflect net established income.

The household saving rate is specified as total saving divided by disposable income.

Household saving = Disposable income * Households saving rate

Japan:

$40,000*1.9% = $760

United States :

$40,000*4% = $1,600

France :

$40,000*15.8% = $6,320