Economics · National Income Components
Arrange the following macroeconomic aggregates in ascending order of their typical magnitude in a developing economy: 1. Personal income2. Disposable income3. National income4. Private final consumption expenditure
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 13 < 2 < 1 < 4
- 24 < 2 < 1 < 3✓
- 34 < 1 < 2 < 3
- 43 < 1 < 2 < 4
Correct answer
4 < 2 < 1 < 3
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