Income received minus direct taxes is called
a. national income
b. personal income
c. disposable personal income
d. transfer payments
e. net national product
C
Economics
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Saving and taxes are considered leakages from the spending stream
a. True b. False
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The concern of economists with respect to the trade deficit is whether it is
a. sustainable at current levels. b. desirable at current levels. c. under-specified. d. overestimated. e. the result of the financial crisis.
Economics