Personal income equals
A) national income plus income earned but not received plus income received but not earned in the production of GNP.
B) wages and salaries plus net interest income plus transfer payments.
C) national income minus income earned but not received plus income received but not earned in the production of GNP.
D) factor incomes received for supplying factors of production toward GNP plus income received but not earned.
Correct Answer:
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