Personal income less personal taxes is called:
A) personal disposable income.
B) national income.
C) compensation of employees.
D) savings.
A
Economics
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The cross-price elasticity between a pair of complementary goods will be
A) positive. B) negative. C) zero. D) positive or zero depending upon the strength of the relationship.
Economics
A negative externality occurs when
A) there is rent-seeking. B) benefits are imposed on individuals that are not part of a transactions. C) there is creative destruction. D) costs are imposed on individuals that are not part of a transaction.
Economics