Personal income equals personal disposable income plus

a. payroll taxes.
c. transfer payments.
d. dividend payments.
d. personal saving.
e. personal taxes.

E

Economics

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Which of the following should be increased during a recession?

A) Income taxes B) Government spending C) Real interest rates D) Nominal interest rate

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Protectionist policies often seek to shield domestic producers and domestic workers from ________ competition.

a. foreign b. local c. domestic d. unfair

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