If personal income is $700 billion and personal income taxes are $140 billion, the value of disposable personal income is
A) $560 billion.
B) $630 billion.
C) $640 billion.
D) $840 billion.
Correct Answer:
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Q193: If national income is $400 billion, personal
Q194: If the personal saving rate is 20%
Q195: Which of the following is added to
Q196: Transfer payments are subtracted from national income
Q197: If depreciation equals zero and retained earnings
Q199: Related to the Economics in Practice on
Q200: If disposable personal income is $500 billion
Q201: Nominal GDP is gross domestic product measured
A)
Q202: All used goods are considered nondurable goods.
Q203: Real GDP is gross domestic product measured
A)
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