Answered: Calculate personal disposable income…

Calculate personal disposable income if:- Personal income = $31,000 Personal taxes = $16,000 Miscellaneous receipts of government = $5000

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp

Section: Chapter Questions

Problem 7WNG

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Question

Calculate personal disposable income if:-

Personal income = $31,000

Personal taxes = $16,000

Miscellaneous receipts of government = $5000

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