Which of the following is added to national income while calculating personal income?
ATransfer payments to individuals
BSocial security contributions
CCorporate taxes
DUndistributed profits
ATransfer payments to individuals
BSocial security contributions
CCorporate taxes
DUndistributed profits
Related Questions:
What can be conisdered as the phrase meaning of ‘the quantity of goods and services is increasing’ ?
i.National income remains unchanged
ii.National income declines
iii.National income increases
iv.None of these