Personal income includes:
A) income received in the form of transfer payments.
B) wages and salaries.
C) interest earnings on bonds.
D) all of the above.
Correct Answer:
Verified
Q91: If nominal GDP increased from $5,000 billion
Q92: Household income after taxes is called:
A)national income.
B)gross
Q93: If real GDP increased by 2% and
Q94: Real GDP is:
A)the base year market value
Q95: GDP that has been adjusted for changes
Q97: Total income received by households is called:
A)national
Q98: If real GDP decreased by 1% and
Q99: Which of the following is a problem
Q100: Which of the following is a problem
Q101: Which of the following is not considered
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