Multiple Choice
Factors that explain the differences between National Income and Personal Income include all of the following,except one.Which is the exception?
A) Social Security contributions paid by employers
B) corporate income taxes
C) undistributed corporate profits
D) government and business transfers
E) indirect business taxes
Correct Answer:

Verified
Correct Answer:
Verified
Q7: National Income is best defined as sum
Q8: National income is<br>A)GDP minus depreciation<br>B)NDP minus depreciation<br>C)GDP
Q9: What accounts for the difference between GDP
Q10: National income captures all income earned by
Q11: Personal income minus personal taxes equals disposable
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.
Q17: Income earned but not received refers to<br>A)government