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National Income Aggregates & GDP · Question 40 of 69

Question 40

MediumOriginal question

Personal disposable income is divided between

Options for question 40

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. After taxes, households either spend their income or save it.

Concept
Uses of disposable income
Typical time
70 s
Your time
—
The rule this testsNational, personal and disposable income
Practise this chapter →

Ten questions from National Income Aggregates & GDP, at your own pace.

Practise this chapter →

Ten questions from National Income Aggregates & GDP, at your own pace.