What is the measure of the income earned by owners of resources used in making final goods and services?
A)personal income
B)national income
C)retained earnings
D)gross domestic income

Question

What is the measure of the income earned by owners of resources used in making final goods and services?
A)​personal income
B)​national income
C)​retained earnings
D)​gross domestic income

Quizplus · Accepted Answer

National income measures the income earned by owners of resources used in making final goods and services. Personal income measures income received by households and retained earnings refer to profits not paid out as dividends to shareholders. Gross domestic income is not a commonly used measure of income.

What Is the Measure of the Income Earned by Owners