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Question: QUESTION 28 The Income That Households And Noncorporate Businesses Receive Is Called O A Disposable Personal Income. Which term refers to income that households and noncorporate businesses receive called? A series of adjustments takes us from national income to personal income, the amount of income that households and noncorporate businesses receive. B) the income that households and noncorporate businesses receive. a. disposable personal income. What is the income that households and noncorporate businesses receive called? The income that households and noncorporate businesses receive is called. Unlike national income, it excludes retained earnings, which is income that corporations have earned but have not paid out to their owners. ANSWER: d. What does personal income include and exclude? Unlike national income, it excludes retained earnings, which is income that corporations have earned but have not paid out to their owners. Personal Income Personal income is the income that households and noncorporate businesses receive. Net National Product. In addition, it includes household’s interest income … B. In addition, it includes household’s interest income and government transfers. C) the total income earned by a nation's permanent residents in the production of goods and services. Principles of Macroeconomics: Ch 10. b. the available production technology does not change. In this economy, households buy goods and services from firms; these expenditures flow through the markets for goods and services. O C. Personal Income. 21. SecondEdition Canadian Edition First Canadian Overview. Personal Income: The income that households and noncorporate businesses receive. d. national income. Disposable Personal Income: The income that households and noncorporate businesses have left after taxes. In addition, it includes households interest income … ... c. disposable personal income. Multiple Choice . Personal Income Personal income is the income that households and noncorporate businesses receive. The firms in turn use the money they receive from sales to pay workers’ wages, landowners’ rent, and firm owners’ profit; this income … Question 2 Multiple Choice 2 of 2 points The income that households and. Why an economys total income equals its total expenditure. c. national income. a. Three of these adjustments are most important. d. personal income. Personal Income • • • Personal income is the income that households and noncorporate businesses receive. Question 2 multiple choice 2 of 2 points the income School Rutgers University; Course Title ECONOMICS 103; Type. Unlike national income, it excludes retained earnings, which is income that corporations have earned but have not paid out to their owners. A)disposable personal income B)proprietors' income C)national income D)personal income. Unlike national income, it excludes retained earnings, which is income that corporations have earned but have not paid out to their owners. Test Prep. Uploaded By adammo89. Personal income is the income that households and noncorporate businesses receive. a. more of one good must be given up to receive one unit of the other good. b. aggregate income. Free. On a bowed production possibilities frontier, as you move down along the curve. O D. National Income. National income is defined as A) the total income of a nation's permanent residents minus losses from depreciation. In addition, it includes household’s interest income and government transfers. : the income that corporations have earned but have not paid out to their owners of one good be. ) disposable personal income: the income that households and noncorporate businesses receive called goods! Defined as a ) the income that households and noncorporate businesses receive personal. 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