Personal income is
A) equal to GDP.
B) that portion of national income that can be used for consumption and saving.
C) the sum of all payments to suppliers of the factors of production.
D) the amount of income that individuals actually receive.
E) another term for disposable income.
Correct Answer:
Verified
Q49: Two ways of measuring Gross Domestic Product
Q50: Depreciation refers to a decrease in the
Q51: Which of the following statements is true?
A)
Q52: In the calculation of national income,dividends paid
Q53: Government purchases consist of the total dollar
Q55: Disposable income is
A) equal to GDP minus
Q56: National income equals
A) wages + salaries +
Q57: Which of the following statements is true?
A)
Q58: An example of income received but not
Q59: Investment is equal to all purchases of
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