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Aggregate Income Is Defined as

Question 204

Multiple Choice

Aggregate income is defined as


A) the sum of income earned by all laborers in the world economy
B) the sum of income earned by all workers in the private sector
C) the total income of all individuals who contribute resources to the market production of output
D) total income after all income taxes but before paying other payroll taxes
E) total income after purchases of necessities

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