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?

---

Definitions:

Fixed Interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.

Variable Ratio

A reinforcement schedule where the number of responses required to receive a reward varies, leading to high and consistent rates of response.

Salient

Something that stands out conspicuously or is most noticeable or important.

Preceding

Occurring or coming before something else in time or order.