Personal income equals personal disposable income (Yd) plus

Related MCQs

• The difference between personal disposable income and personal income is
• Personal disposable income is equal to ……………………..
• ………………… is the personal income minus personal income tax and miscellaneous receipts of Government administrative departments.
• An individual is spending his entire income on two items A and B equally. If income elasticity of A is 4 what is income elasticity of B
• If an individual is spending his entire income on two items A and B in the ratio of 60:40. If income elasticity of A is 5 what is income elasticity of B
• The slope of total variable cost curve equals……………..
• Personal income includes all of the following except
• If the disposal income of a household increases by 10% and the demand for bread falls by 5%. The income elasticity of bread is
• If the disposal income of a household increases by 10% and the demand for X commodity increased by 25%. The income elasticity of X is
• If the disposal income of a household increases by 10% and the demand for X commodity increased by 10% the income elasticity of X is