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    Exam 8: Skating to Where the Puck Is Going: Aggregate Supply and Aggregate Demand
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    Nori Earns an Income of $30,000, Pays $10,000 in Taxes
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Nori Earns an Income of $30,000, Pays $10,000 in Taxes

Question 220

Question 220

Multiple Choice

Nori earns an income of $30,000, pays $10,000 in taxes and receives $5,000 in transfer payments. He saved $8,000 at Scotiabank. What is his disposable income?


A) $22,000
B) $25,000
C) $20,000
D) $17,000
E) $15,000

Correct Answer:

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