Economics · National Income
Which of the following formulas is correct with respect to Personal Disposable Income (PDI)?
- 1Personal Income + Personal Tax Payments - Non-Tax Payments
- 2Personal Income - Personal Tax Payments + Non-Tax Payments
- 3Personal Income - Personal Tax Payments - Non-Tax Payments✓
- 4Personal Income + Personal Tax Payments + Non-Tax Payments
Correct answer
Personal Income - Personal Tax Payments - Non-Tax Payments
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