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    Principles of Macroeconomics Study Set 12
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    Exam 6: Measuring National Output and National Income
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    If National Income Is $600 Billion, Personal Income Is $400
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If National Income Is $600 Billion, Personal Income Is $400

Question 267

Question 267

Multiple Choice

If national income is $600 billion, personal income is $400 billion, personal taxes are $120 billion, then disposable income equals


A) $480 billion.
B) $320 billion.
C) $280 billion.
D) $80 billion.

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