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