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- What would be the value of consumption if savings is $1300 and the value of Income is $2200.individual spends $20 per day. Suppose that this person pays for all her purchases using her credit card. She withdraws no money from her bank account until the morning of the fourth day, when she withdraws the whole amount necessary to pay for her credit card purchases over the previous four days. Calculate the amount of money this person withdraws each time she goes to the bank.What is a good exercise that you can perform if you want to reduce the amount of money that you spend each month? A. Stop at a gourmet coffee shop each day to buy coffee and think about your spending. B. Avoid using cash for your payments and put all of your expenses on a credit card. C. Keep a written record of your spending and total it at the end of the week. D. Use the ATM machine to withdraw large sums of cash out of your bank account each week.
- Households use money on which of the following ways? A) wages, saving, spending B) Public Goods and services, Private goods and Services, Spending C) Rent, Spending, Taxes D) Spending, taxes, savingCalculate the value of APS if Savings is $320 million and income is $420 millionWhich thoery is given for the peoples to come to know that how spend money in market as a consumer, Explain.