Multiple Choice
Disposable personal income is the income that
A) households have left after paying taxes and non-tax payments to the government.
B) businesses have left after paying taxes and non-tax payments to the government.
C) households and noncorporate businesses have left after paying taxes and non-tax payments to the government.
D) households and businesses have left after paying taxes and non-tax payments to the government.
Correct Answer:

Verified
Correct Answer:
Verified
Q221: In a simple circular-flow diagram, total income
Q222: The goal of macroeconomics is to explain
Q223: GDP adds together many different kinds of
Q224: Figure 23-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 23-1
Q225: If the U.S. government reports that GDP
Q226: Because every transaction has a buyer and
Q227: Table 23-3<br>The following table reports nominal
Q228: Table 23-2<br>The following table contains data
Q229: GDP is adjusted to reflect changes in
Q230: Table 23-6<br>The country of Batavia produces only