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Disposable Personal Income Is Calculated as

Question 6

Multiple Choice

Disposable personal income is calculated as


A) equal to the gross wages plus salaries received by the household.
B) GNP minus that part of it not actually paid to households, plus personal income taxes paid by households.
C) GNP minus that part of it not actually paid to households, plus transfer payments, minus personal income taxes.
D) GNP minus that part of it not actually paid to households, minus transfer payments to households.
E) equal to the gross wages plus interest received by the household.

Correct Answer:

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