The table below shows UK household savings as a percentage of household disposable income from Q1 2021 to Q4 2023.
| Year | Quarter | Savings (%) |
|---|---|---|
| 2021 | Q1 | 18.2 |
| 2021 | Q2 | 12.5 |
| 2021 | Q3 | 9.8 |
| 2021 | Q4 | 7.5 |
| 2022 | Q1 | 6.2 |
| 2022 | Q2 | 5.8 |
| 2022 | Q3 | 5.2 |
| 2022 | Q4 | 4.8 |
| 2023 | Q1 | 4.2 |
| 2023 | Q2 | 4.5 |
| 2023 | Q3 | 4.9 |
| 2023 | Q4 | 5.4 |
In Q3 of 2022, average household disposable income was £28,500.
Calculate the total amount of money saved by the average household in Q3 of 2022.
40 exam-style questions on Edexcel A A Level Economics 2.2.2 Consumption (C). Each one has a worked solution and a mark scheme showing where the marks go.