Which of the Following Is the Correct Equation for Computing

question 64

Multiple Choice

Which of the following is the correct equation for computing personal income?

• A) Personal income = National income + undistributed profits - social insurance taxes - corporate profits taxes + transfer payments.
• B) Personal income = National income - undistributed profits - social insurance taxes + corporate profits taxes + transfer payments
• C) Personal income = National income - taxes
• D) Personal income = National income - undistributed corporate profits - social insurance taxes - corporate profits taxes + transfer payments
• E) none of the above

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Definitions:

Predictive Validity

The extent to which a test or measurement can accurately forecast or predict future outcomes or behaviors.

Criterion Validity

The extent to which a test's results correlate with other measures or outcomes that are already accepted as reflecting the variable being tested.

Epidemiological

Relating to the study of the distribution and determinants of health and diseases in populations.

Causal Relationship

A connection between two events where one event is understood to be directly responsible for causing the other.