Exhibit 6-4

-In Exhibit 6-4, Personal Income equals
A) $420 billion
B) $385 billion
C) $375 billion
D) $365 billion
E) $390 billion
Correct Answer:
Verified
Q1: What accounts for the difference between GDP
Q9: Disposable income is
A)personal income minus personal taxes
B)national
Q10: Personal income is
A)NDP minus indirect business taxes
B)NDP
Q11: Disposable income is personal income after taxes.
Q12: Exhibit 6-4 Q12: Disposable income is commonly referred to as Q15: Personal income equals national income minus personal Q17: National Income is best defined as sum Q19: Personal income minus personal taxes equals disposable Q21: Exhibit 6-5
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