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Look at the Following Data: Personal Income = $4,900 Billion;

Question 8

Multiple Choice

Look at the following data: personal income = $4,900 billion; personal taxes = $900 billion; transfer payments = $980 billion.What is disposable income?


A) $3,200 billion
B) $4,000 billion
C) $4,980 billion
D) $1,880 billion
E) There is not enough information to answer the question.

Correct Answer:

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