Suppose Social Security contributions rise by $1 billion while Social Security benefits also rise by $1 billion. Further, personal income taxes fall by $500 million. As a result

A) disposable income should increase while personal income and national income are unchanged.
B) both personal and disposable personal income should increase.
C) personal income, disposable personal income, and national income remain unchanged.
D) national income, personal income, and disposable income should increase.


A

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Fill in the blank(s) with the appropriate word(s).

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Fill in the blank(s) with correct word

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