Table 427 the Components of National Income for an Economy

question 190

Multiple Choice

Table 4.27 The components of national income for an economy are represented in Table 4.27 above.All values are in billions of dollars.
-Refer to Table 4.27.What is the level of disposable household income for this economy?

• A)$1,080 billion
• B)$1,010 billion
• C)$980 billion
• D)$860 billion
• E)$590 billion

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Definitions:

Proposition

A statement that expresses a concept that can either be true or false.

Converse

In logic, the condition obtained by swapping the hypothesis and conclusion of a conditional statement.

Propositions

Proclamations or claims that articulate an evaluation or belief, which may be true or untrue.

Complement

The set or amount that completes something, often used in mathematics to refer to the set of elements not in a given set.