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Author Question: If national income is $600 billion, personal income is $400 billion, personal taxes are $120 ... (Read 42 times)

jace

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Question 1

Personal income is national income minus


◦ depreciation.
◦ net factor income to the rest of the world.
◦ the amount of national income not going to households.
◦ imports.

Question 2

If national income is $600 billion, personal income is $400 billion, personal taxes are $120 billion, then disposable income equals


◦ $480 billion.
◦ $320 billion.
◦ $280 billion.
◦ $80 billion.


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Marked as best answer by jace on Apr 19, 2019

spencer.martell

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jace

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it


bimper21

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Reply 3 on: Yesterday
:D TYSM

 

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