Personal income equals disposable personal income plus:

a. personal income taxes.
b. transfer payments.
c. dividend payments
d. personal savings.


a

Economics

You might also like to view...

Economists usually assume that all consumers have the same tastes and preferences

a. True b. False

Economics

When a tax is imposed on buyers, consumer surplus and producer surplus both decrease

a. True b. False Indicate whether the statement is true or false

Economics

Over the past century in the U.S., what has been federal government revenue as a percentage of GDP? What has been state and local government revenue as a percentage of GDP?

Economics

A flow is a measure defined:

A. in nominal terms. B. in real terms. C. at a point in time. D. per unit of time.

Economics