In order to determine personal income,what adjustments have to be made to national income?
A) subtract undistributed corporate profits,corporate income tax,social security taxes,and then add government transfers and private interest payments
B) subtract undistributed corporate profits,social security taxes,government transfers,and then add private interest payments
C) subtract undistributed corporate profits,corporate consumption allowance,corporate income tax,social security tax and then add government transfers and private interest payments
D) subtract corporate income tax and social security taxes and then add corporate dividends,government transfers,and private interest payments
Correct Answer:
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Q56: The government budget deficit,_,is _ when saving
Q57: Total expenditures as discussed by Gordon are
A)C
Q58: Table 2-1 Q59: Help in financing our federal budget deficit
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