Examlex

Solved

Table 5-2 -Refer to the Table 5-2

question 49

Multiple Choice

Table 5-2
 GDP $440 Income Earned by Citizens Abroad $20 Income Foreigners Earned Here $50 Depreciation $16 Capital Consumption Allowance $16 Indirect Business Taxes $20 Business Subsidies $8 Statistical Discrepancy $0 Retained Earnings $25 Corporate Income Taxes $18 Social Insurance Contributions $35 Interest Paid to Households by Government $12 Transfer Payments to Households from Government $22 Personal Taxes $70 Nontax Payments to Government $5\begin{array}{|l|r}\hline \text { GDP } & \$ 440 \\\hline \text { Income Earned by Citizens Abroad } & \$ 20 \\\hline \text { Income Foreigners Earned Here } & \$ 50 \\\hline \text { Depreciation } & \$ 16 \\\hline \text { Capital Consumption Allowance } & \$ 16 \\\hline \text { Indirect Business Taxes } & \$ 20 \\\hline \text { Business Subsidies } & \$ 8 \\\hline \text { Statistical Discrepancy } & \$ 0 \\\hline \text { Retained Earnings } & \$ 25 \\\hline \text { Corporate Income Taxes } & \$ 18 \\\hline \text { Social Insurance Contributions } & \$ 35 \\\hline \text { Interest Paid to Households by Government } & \$ 12 \\\hline \text { Transfer Payments to Households from Government } & \$ 22 \\\hline \text { Personal Taxes } & \$ 70 \\\hline \text { Nontax Payments to Government } & \$ 5\end{array}
-Refer to the Table 5-2.What is the disposable personal income for this economy?


Definitions:

Net Price

The final price after all discounts, rebates, and incentives have been subtracted from the list price.

Complement Method

A mathematical technique often used in digital computation to simplify subtraction, by working with the complement of numbers.

Trade Discounts

Reductions in price given by sellers to buyers in the commercial transactions, typically based on volume or frequency of orders.

Net Price

The final price after all discounts, rebates, and deductions have been applied, but before taxes and additional fees.

Related Questions