Cindy takes a summer job and earns an after-tax income of $8,000. Her living expenses during the

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Cindy takes a summer job and earns an after-tax income of $8,000. Her living expenses during the summer were $2,000. What was Cindy’s saving during the summer and the change, if any, in her wealth?

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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