Disposable personal income measures the after-tax income received by households.
Correct Answer:
Verified
Q182: The expenditure approach measures GDP by adding
Q183: Gross domestic product is the total dollar
Q184: A GDP price chain price index number
Q185: GDP provides substantial information about an economy's
Q186: Personal consumption expenditures is the smallest component
Q188: All changes in nominal GDP are due
Q189: The circular flow model illustrates that aggregate
Q190: If the GDP chain price index in
Q191: Social Security payments are included in personal
Q192: Real GDP, as opposed to money (nominal)
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