If personal income is ₹ 5,000, personal income taxes are ₹ 900, consumption is ₹ 3,700 and personal…
Disposable personal income equals personal income minus personal income taxes: \(\text{Disposable Income} = ₹5{,}000 - ₹900 = ₹4{,}100\) (which also equals personal…
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If personal income is ₹ 5,000, personal income taxes are ₹ 900, consumption is ₹ 3,700 and personal saving is ₹ 400, disposable income equals
Answer and explanation
Correct answer B
Disposable personal income equals personal income minus personal income taxes: (which also equals personal consumption plus personal saving: ).
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