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  • GK Test (Mixed)
  • Personal disposable income is _____.
Multiple choice

Personal disposable income is _____.

  1. always equal to personal income

  2. always more than personal income

  3. equal to personal income minus indirect taxes

  4. equal to total personal income minus personal current taxes.

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Personal disposable income is equal to total personal income minus personal current taxes.

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