Personal income is equal to
A) NDP minus national income.
B) disposable personal income plus personal income taxes.
C) disposable personal income plus personal and corporate income taxes.
D) national income minus corporate income taxes and social security.
Correct Answer:
Verified
Q58: If consumption expenditures are $500,spending on fixed
Q59: If households receive $100 in interest payments
Q60: If GDP equals $1 billion,investment expenditures are
Q61: If nominal GDP in 1987 was $500
Q62: Which of the following is a component
Q64: If GDP and other national income accounts
Q65: The difference between net domestic product and
Q66: Suppose net domestic product is $4.8 million,government
Q67: To determine how well an economy is
Q68: National income is $500,corporate taxes are $20,social
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents