The Components of National Income for an Economy Are Represented

question 101

Multiple Choice

$$\begin{array} { | l | r | } \hline \text { National income } & \$ 1,000 \\\hline \text { Retained earnings not paid as dividends } & 50 \\\hline \text { Transfer payments } & 40 \\\hline \text { Interest on government bonds } & 20 \\\hline \text { Personal taxes } & 30 \\\hline\end{array}$$ The components of national income for an economy are represented in Table 19-27 above.All values are in billions of dollars.
-Refer to Table 19-27.What is the level of disposable personal income for this economy?

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Definitions:

Ethnomethodology

A sociological perspective focusing on the ways in which individuals understand, use, and produce the social order in daily interactions.

Macro-micro Order

The interaction and interrelation between larger societal structures and individual actions and experiences.

Ethnomethodologists

Researchers who study the routine methods and practices people use to construct a stable social world through everyday interactions.

Psychological Character Traits

Enduring qualities or characteristics that individuals possess, influencing their behaviors, attitudes, and how they interact with the world and others.