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: If at a particular time the level of income in Saudi economy is SR 50,000 million and the level of saving is SR 10,000 million (assuming consumption equa! to SR 40,000 million at this level of income). What is the average propensity to save for the Saudi economy?

: If at a particular time the level of income in Saudi economy is SR 50,000 million and the level of saving is SR 10,000 million (assuming consumption equa! to SR 40,000 million at this level of income). What is the average propensity to save for the Saudi economy?

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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-: If at a paricular time the level of income in Saudi economy is SR 50,000 million and the level of saving is SR 10,000 million (assuming consumption equal to SR 40,000 million at this level of income). What is the average propensity to save for the Saudi economy?
Transcribed Image Text:-: If at a paricular time the level of income in Saudi economy is SR 50,000 million and the level of saving is SR 10,000 million (assuming consumption equal to SR 40,000 million at this level of income). What is the average propensity to save for the Saudi economy?
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