The table shows the salary of a worker in Germany. The level of saving in 2016 is:
$$\begin{array} { | c | c | c | }
\hline \text { YEAR } & \begin{array} { c }
\text { REAL } \
\text { INCOME } \
\text { (in euros) }
\end{array} & \begin{array} { c }
\text { REAL } \
\text { CONSUMPTION } \
\text { (in euros) }
\end{array} \
\hline 2016 & 38,000 & 20,900 \
\hline 2017 & 40,000 & 22,000 \
\hline 2018 & 42,000 & 23,100 \
\hline
\end{array}$$
A)23,100 euros.
B)17,100 euros.
C)18,000 euros.
D)18,900 euros.

Question

The table shows the salary of a worker in Germany. The level of saving in 2016 is:
$$\begin{array} { | c | c | c | } 
\hline \text { YEAR } & \begin{array} { c } 
\text { REAL } \
\text { INCOME } \
\text { (in euros) }
\end{array} & \begin{array} { c } 
\text { REAL } \
\text { CONSUMPTION } \
\text { (in euros) }
\end{array} \
\hline 2016 & 38,000 & 20,900 \
\hline 2017 & 40,000 & 22,000 \
\hline 2018 & 42,000 & 23,100 \
\hline
\end{array}$$
A)23,100 euros.
B)17,100 euros.
C)18,000 euros.
D)18,900 euros.

Quizplus · Accepted Answer

The level of saving is calculated by subtracting real consumption from real income. For 2016, it is 38,000 - 20,900 = 17,100 euros.

The Table Shows the Salary of a Worker in Germany