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Suppose Contributions for Social Insurance Amounted to Almost $306 Billion

Question 36

Multiple Choice

Suppose contributions for social insurance amounted to almost $306 billion, corporate retained earnings equaled $207 billion, nonbusiness interest swelled to $150 billion, transfer payments reached almost $417 billion, and income taxes raised just over $435 billion. Given this information, which of the following statements is an accurate ranking of national income NI) , personal income PI) , and disposable personal income DI) ?


A) NI > PI > DI.
B) PI > NI > DI.
C) PI > DI > NI
D) NI > DI > PI.
E) Cannot tell from the information provided.

Correct Answer:

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