Personal income minus personal taxes is:
a. disposable personal income.
b. net national income.
c. proprietors' income.
d. indirect business taxes.
e. savings income.
Question 2
Which one of the following factors will most likely cause an increase in aggregate demand?
a. An increase in net exports.
b. An increase in the real interest rate.
c. A decrease in net exports due to falling incomes abroad.
d. A technological development that decreases the cost of producing computer chips.
