Use the two-period model from the Appendix to answer this question. Your current income is 30,000. Your next period (future) income is known to be 36,000. If your current consumption expenditure is 24,000, your (current) level of savings S = |. (Enter your answer as a whole number.)

Use the two-period model from the Appendix to answer this question. Your current income is 30,000. Your next period (future) income is known to be 36,000. If your current consumption expenditure is 24,000, your (current) level of savings S = |. (Enter your answer as a whole number.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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