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2.2 Aggregate demand (AD)

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Question 45

The table below shows the household savings ratio (household savings as a percentage of household disposable income) in the Republic of Zephyria from Q1 2022 to Q4 2024.

Zephyrian Household Savings Ratio (%)

YearQuarterSavings Ratio (%)
2022Q114.5
2022Q211.2
2022Q38.9
2022Q47.1
2023Q16.4
2023Q25.8
2023Q35.1
2023Q44.6
2024Q14.9
2024Q25.3
2024Q35.7
2024Q46.2

In Q2 of 2023, the average household disposable income in Zephyria was €34,500.

Calculate the total amount of money saved by the average household in Q2 of 2023.

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2.2 Aggregate demand (AD) Questions

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  3. /2.2 Aggregate demand (AD)