The income that people earn in resource or factor markets is called:
A) national income.
B) personal income.
C) disposable personal income.
D) transfer payments.
E) net national product.
Correct Answer:
Verified
Q83: Which national income account should be examined
Q90: Disposable personal income:
A) includes personal income taxes.
B)
Q131: National income is calculated by subtracting _
Q133: Personal income minus personal taxes is:
A) disposable
Q134: Gross domestic product that is based on
Q135: Personal income is:
A) total income received by
Q137: The sum of payments made to resource
Q138: National income:
A) is included in gross private
Q139: To get Personal Income from National Income,
Q141: In a given year, U.S. nominal GDP
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