Vickie earns $1,500 per week and spends $1,000 per week on living expenses,puts $200 in a savings account,and buys $300 worth of stocks.Vickie's saving is ________ and her saving rate is ________.
A) $200;13.3%
B) $200;20%
C) $300;20%
D) $300;30%
E) $500;33.3%
Correct Answer:
Verified
Q11: Wealth equals
A) current income minus spending on
Q12: Assets minus liabilities equal
A) saving.
B) investment.
C) wealth.
D)
Q13: Which of the following is an asset
Q14: Which of the following is an asset
Q15: Which of the following is a liability
Q17: Liabilities are
A) current income minus spending on
Q18: The saving rate equals saving divided by
A)
Q19: Charles has the following assets and liabilities:
Q20: Sam has the following assets and liabilities:
Q21: Increases in the value of existing assets
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