Table 8-29

-Refer to Table 8-29.Based on the table above,what is personal income for this economy?
A)$1,950 billion
B)$2,030 billion
C)$2,450 billion
D)$5,130 billion

Question

Table 8-29
 
-Refer to Table 8-29.Based on the table above,what is personal income for this economy?
A)$1,950 billion 
B)$2,030 billion 
C)$2,450 billion 
D)$5,130 billion

Quizplus · Accepted Answer

Personal income is the sum of compensation of employees, proprietors' income, rental income of persons, personal dividend income, personal interest income, and personal current transfer receipts. Therefore, personal income for this economy is $2,030 billion.

Table 8-29 -Refer to Table 8-29.Based on the Table Above,what Is Personal