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

Izzy122

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

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

Edition: 12^th

Authors: Case, Fair, Oster

Read 147 times

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beunikuel

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Izzy122 Author

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this is exactly what I needed

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Just got PERFECT on my quiz

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