………………… is the personal income minus personal income tax and miscellaneous receipts of Government administrative departments.

Related MCQs

• The difference between personal disposable income and personal income is
• Personal income equals personal disposable income (Yd) plus
• 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
• __________ is the form of departmentalization that groups similar jobs and activities into departments.
• An organization that seeks to eliminate the chain of command, have limitless spans of control, and replace departments with empowered teams is called a/an………..
• A manufacturing company has divided its departments into pattern making, fabric cutting, and fabric coloring. What type of departmentalization is this?
• Assuming consumption C= `45000, Investment I= `1000, Government Purchase G= `1200, Exports=`450, Depreciation = `600, and Indirect Tax= `500, then GDP will be
• Ceteris paribus, an income tax
• The vital data of a country are given below: GNP at MP = `99,000, Net factor income abroad = (-) 560 Capital consumption allowance = `6,100, Net indirect tax = `8,470 From the above, estimate of GNP at factor cost =