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Author Question: Which of the following would not be included as part of personal income? a. Welfare benefits b. ... (Read 34 times)

Haya94

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on: Jun 30, 2018
Which of the following would not be included as part of personal income?
 a. Welfare benefits
  b. Food stamps distributed by the government
  c. Social security benefits
  d. Indirect business taxes
  e. Corporate dividend payments to stockholders

Question 2

Personal income is equal to:
 a. NI minus personal income tax.
  b. NI minus net factor income from abroad.
  c. NI plus income currently earned but not received - income currently received but not earned.
  d. NI minus indirect business taxes.
  e. NI plus income currently received but not earned - income currently earned but not received.


jasonq

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

e


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