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Which of the Following Describes the Relationship Among Income,disposable Income,taxes,and

Question 204

Multiple Choice

Which of the following describes the relationship among income,disposable income,taxes,and transfer payments?


A) Taxes plus transfers equal income plus disposable income
B) Disposable income equals income divided by the sum of taxes and transfers
C) Disposable income equals income minus taxes plus transfers
D) Disposable income equals income plus taxes plus transfers
E) Taxes plus transfers equal disposable income minus income.

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