Table 8-31

-Refer to Table 8-31.The table above represents hypothetical data from the National Income Accounts for 2017.Use the data to calculate personal income and disposable income.
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Q236: Depreciation is
A)the value of worn-out equipment,machinery,and buildings.
B)the
Q237: National income equals gross domestic product
A)plus sales
Q238: Disposable personal income equals personal income
A)minus personal
Q239: Table 8-26 Q240: If an American firm opens a production Q242: National income is derived from gross domestic Q243: What are the differences between national income,personal Q244: The values of real GDP and real Q245: Disposable personal income is equal to personal Q246: Explain the difference between gross domestic product
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