Solved

Personal Income Equals

Question 96

Multiple Choice

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents