Karrie is a golf pro, and after she paid taxes, her income from golf and interest from

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Karrie is a golf pro, and after she paid taxes, her income from golf and interest from financial assets was $1,500,000 in 2017. At the beginning of 2017, she owned $900,000 worth of financial assets. At the end of 2017, Karrie’s financial assets were worth $1,900,000.

a. How much did Karrie save during 2017?

b. How much did she spend on consumption goods and services?

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Macroeconomics

ISBN: 978-0134853307

10th Edition

Authors: Michael Parkin

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