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Economics · Oct / Nov 2020 · Paper 12 · Question 10

2281Households

The table shows how household spending changes with income. | income ($ per month) | spending ($ per month) | |---|---| | 3000 | 3150 | | 3300 | 3375 | | 3600 | 3500 | | 3900 | 3825 | | 4200 | 4050 | | 4500 | 4275 | What is the lowest level of income at which savings are positive?

  1. A$3000
  2. B$3600
  3. C$3900
  4. D$4200

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Correct answer: B. $3600

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