Question 1
National income minus the amount of national income not going to households is
◦ proprietor's income.
◦ interest income.
◦ personal income.
◦ disposable income.
Question 2
If national income is $400 billion, personal income is $350 billion, personal taxes are $100 billion, then disposable income equals
◦ $450 billion.
◦ $300 billion.
◦ $250 billion.
◦ -$50 billion.