Disposable income can be defined as national product...?
a) minus federal and state taxes
b) minus taxes plus transfers
c) minus indirect taxes
d) plus taxes plus transfers
I think it should be either a or b but i'm not too sure

Question

Disposable income can be defined as national product...?
a) minus federal and state taxes
b) minus taxes plus transfers
c) minus indirect taxes
d) plus taxes plus transfers
I think it should be either a or b but i'm not too sure

nerdy_birdy · Answer

Disposable income can be defined as national product minus taxes plus transfers

nerdy_birdy · Answer

It is A, I searched it up and found the answer on Quizlet. https://quizlet.com/42165881/ch-8-economics-flash-cards/ Its the 16th one down :)