Which of the following will be the smallest in value?

Question

Quizplus · Accepted Answer

Disposable personal income will be the smallest in value out of the given options as it is calculated by subtracting personal taxes from personal income. Therefore, it will always be smaller than personal income. Similarly, net domestic product is calculated by subtracting depreciation from gross domestic product, so it will be bigger than disposable personal income. National income is equal to net domestic product plus net factor income from abroad, so it will also be bigger than disposable personal income.

Which of the Following Will Be the Smallest in Value