Author Question: Which of the following represents the amount of income that is actually available to people for ... (Read 137 times)

Pineappleeh · **on:** Jun 30, 2018

Which of the following represents the amount of income that is actually available to people for consumption and saving?
a. Net national product
b. National income
c. Disposable personal income
d. Gross national product
e. Personal income

Question 2

Personal income is equal to:
a. national income plus business profits.
b. disposable personal income minus personal taxes.
c. national income minus transfer payments.
d. national income plus welfare benefits minus corporate retained earnings.
e. disposable personal income plus transfer payments.