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National income is Rs 5,00,000, taxes Rs 60,000 and transfers Rs 20,000. Disposable income is
ARs 5,40,000
BRs 5,80,000
CRs 4,40,000
DRs 4,60,000
Answer & Solution
Correct answer: D. Rs 4,60,000
Disposable income is Y minus T plus transfers, which is 5,00,000 minus 60,000 plus 20,000 giving 4,60,000.
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