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Izzy122 Izzy122
wrote...
Posts: 437
5 years ago

Question 1.

If personal income is $925 billion and personal income taxes are $70 billion, the value of disposable personal income is



▸ $835 billion.

▸ $855 billion.

▸ $890 billion.

▸ $995 billion.

Question 2.

If personal saving is -$10 billion and disposable personal income is $370 billion, then personal consumption spending



▸ is $360 billion.

▸ is $380 billion.

▸ is $390 billion.

▸ cannot be determined from this information.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 148 times
1 Reply
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Answer verified by a subject expert
beunikuelbeunikuel
wrote...
Posts: 398
5 years ago
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Izzy122 Author
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5 years ago
You make an excellent tutor!
wrote...

Yesterday
Smart ... Thanks!
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2 hours ago
Thanks for your help!!
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