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O-LevelEconomicsMicroeconomic decision makers2281/12 · May/June 2018 · Q111 Mark

The table shows some information for a computer engineer in 2015. $ salary 40000 fees earned from consultancy 15000 credit card repayment 5000 Income tax is fixed at 20%. The engineer saved 10% of the disposable income. How much was saved?

A$3200
B$4000
C$4400
D$5500

✓ Correct answer

C: $4400

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About this question

Topic
Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2018 Paper 1 Variant 2, question 11.

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