Table 8-27 National income Retained earnings not paid as dividends Transfer payments Interest on government bonds Personal taxes $1,000 50 40 20 30 The components of national income for an economy are represented in Table 8-27 above. All values are in billions of dollars. Refer to Table 8-27. What is the level of disposable personal income for this economy? Select one: O A. $1,080 billion B. $1,010 billion C. $980 billion D. $860 billion

Table 8-27 National income Retained earnings not paid as dividends Transfer payments Interest on government bonds Personal taxes $1,000 50 40 20 30 The components of national income for an economy are represented in Table 8-27 above. All values are in billions of dollars. Refer to Table 8-27. What is the level of disposable personal income for this economy? Select one: O A. $1,080 billion B. $1,010 billion C. $980 billion D. $860 billion

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Table 8-27
National income
Retained earnings not paid as dividends
Transfer payments
Interest on government bonds
Personal taxes
The components of national income for an economy are represented in Table 8-27 above. All values are in
billions of dollars.
Refer to Table 8-27. What is the level of disposable personal income for this economy?
Select one:
$1,000
50
40
20
30
A. $1,080 billion
O B. $1,010 billion
C. $980 billion
D. $860 billion

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