Multiple Choice
Income earned but not received refers to
A) government transfers,business transfers,and social insurance taxes
B) government transfers,social insurance taxes,and corporate income taxes
C) business transfers,net personal interest income,and rental income
D) social insurance taxes,undistributed corporate profits,and corporate income taxes
E) business transfers,social insurance taxes,and corporate profits
Correct Answer:

Verified
Correct Answer:
Verified
Q10: National income captures all income earned by
Q11: Personal income minus personal taxes equals disposable
Q12: Factors that explain the differences between National
Q13: Which one of the following is not
Q14: Personal income is<br>A)NDP minus indirect business taxes<br>B)NDP
Q15: Disposable Income is Personal Income minus personal
Q16: Disposable income is personal income after taxes.
Q18: The income approach to GDP reveals that
Q19: Disposable income is<br>A)personal income minus personal taxes<br>B)national
Q20: Personal income equals national income minus personal