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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 $400 Billion, Personal Income Is $350
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If National Income Is $400 Billion, Personal Income Is $350

Question 273

Question 273

Multiple Choice

If national income is $400 billion, personal income is $350 billion, personal taxes are $100 billion, then disposable income equals


A) $450 billion.
B) $300 billion.
C) $250 billion.
D) -$50 billion.

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