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ExtremeBDS
3 months ago
11

Based on an annual disposable income of $40,000, calculate the average amount o money a person would save in japan; in the unite

d states; in france.

Business
1 answer:
marusya05 [3.7K]3 months ago
7 0

Answer:

Japan     $760

The United States     $1,600

France          $6,320

Explanation:

Total personal revenue is calculated as disposable income minus personal taxes. Earnings from employment, after deducting actual taxes, reveal the net established income.

The household saving rate is defined as total savings divided by disposable income.

Household saving = Disposable income * Household saving rate

Japan:

$40,000*1.9% = $760

United States:

$40,000*4% = $1,600

France:

$40,000*15.8% = $6,320

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