Disposable personal income is personal income:
A) plus personal taxes.
B) less corporate profits, taxes on production, contributions for social insurance, net interest, business transfers and surplus of government enterprises plus personal income receipts on assets and personal transfer payments.
C) less personal taxes.
D) plus corporate profits, taxes on production, contributions for social insurance, net interest, business transfers and surplus of government enterprises less personal income receipts on assets and personal transfer payments.
Correct Answer:
Verified
Q48: The consumer price index is constructed from:
A)tax
Q49: What is real GDP and what makes
Q50: Personal income is national income:
A)less corporate profits,
Q51: Gross national product (GNP) is gross domestic
Q52: What parts of welfare does real GDP
Q53: What is nominal gross domestic product (GDP)?
Q54: Net national product (NNP) is gross national
Q55: What is the relationship between nominal and
Q57: Subtracted from national income to get personal
Q58: The consumer price index does not account
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents