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Becky Graduated with a Master's Degree in Personal Financial Planning

Question 2

Multiple Choice

Becky graduated with a master's degree in personal financial planning.After working for two years in a small financial planning firm,Becky earns $60,000 annually and saves $10,000 a year after spending on her current needs.What is her average propensity to consume?


A) 16.7%
B) 25.5%
C) 75.7%
D) 83.3%
E) 95.5%

Correct Answer:

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