Economics · National Income Accounting
Personal Disposable Income is obtained by deducting which of the following from Personal Income?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Corporate tax and undistributed profits
- 2Personal tax payments and non-tax payments like fines✓
- 3Indirect taxes and subsidies
- 4Depreciation and corporate taxes
Correct answer
Personal tax payments and non-tax payments like fines
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