Answered: Calculate personal disposable income…

Calculate personal disposable income if:- Personal income = $31,000 Personal taxes = $16,000 Miscellaneous receipts of government = $5000

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter21: Financial Markets, Saving, And Investment

Section: Chapter Questions

Problem 7P

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Question

Calculate personal disposable income if:-

Personal income = $31,000

Personal taxes = $16,000

Miscellaneous receipts of government = $5000

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