Personal income minus personal tax and non-tax payments gives:

Question

Accepted Answer

D. Personal disposable income

1. Fines are a non-tax payment.
2. The remainder is personal disposable income.
3. Households consume or save it.
_Source: syllabus Introductory Macroeconomics, Chapter 2, National Income Accounting._

Answer

National disposable income

Answer

Undistributed profits

Answer

Net national product

Personal income minus personal tax and non-tax payments gives:

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