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What is personal income? What are the sources of personal income
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- What would be the value of consumption if savings is $1300 and the value of Income is $2200What is the relationship between income and consumption?Identify the part of the personal income which is actually available for consumption a.Consumption income b.Disposable income c.National income d.Taxable incom
- Identify the part of the personal income which is actually available for consumption a. Taxable income b. Consumption income c. National income d. Disposable incomeWhat is household consumption expenditure reflecting in terms of GDP of a country? What it indicates when the value is high or low?What do we mean by market income? Example...