Multiple Choice
Disposable income is
A) equal to GDP minus the capital consumption allowance.
B) that portion of personal income that can be used for consumption and saving.
C) the sum of all payments to suppliers of the factors of production.
D) equal to national income.
E) another term for personal income.
Correct Answer:
Verified
Correct Answer:
Verified
Q30: Net exports equals<br>A) exports divided by imports.<br>B)
Q31: Which of the following goods is an
Q32: Investment equals inventory investment added to<br>A) business
Q33: A business cycle refers to the<br>A) continued
Q34: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q36: Capital consumption allowance refers to<br>A) capital goods
Q37: Suppose the total market value of all
Q38: Net exports must always be a positive
Q39: When computing national income,which of the following
Q40: The best reason economists take only final