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National income minus social security contribution, Corporate income taxes, undistributed corporate earning, and transfer payments.

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Q: What is personal income in economics?
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What is difference between Personal income and Private income?

Personal income: -It is the sum total of earned income and transfer incomes received by persons from all sources within and outside the country.Personal income = private income - corporate tax -corporate savings (undistributed profit)Private income: consists of factor income and transfer income received from all sources by private sectors within and outside the country.Source:http://www.transtutors.com/homework-help/macro-economics/measuring-domestic-output-national-income/assessing-economy-performance/other-national-accounts/personal-income/


How to culculate personal income to disposable income?

Personal Income = Disposable Income + Personal Savings


What is a right shift in economics?

The right shift in economics means that there is an increase in income.


What role does economics play in your personal and organizations decisions?

What role does economics play in your personal and organizations decisions?


What does yd stand for in economics?

Disposable Income


To calculate disposable personal income you take personal income and subtract what?

individual income taxes


In economics what does the Gini coefficient measure?

Income inequality


What is personal income equal to?

Personal income is equal to the money an individual makes in a year. Personal income is usually derived from jobs or investments.


What has the author Jacob Marschak written?

Jacob Marschak has written: 'Income, employment, and the price level' -- subject(s): Consumption (Economics), Income, National income 'Economic information, decision, and prediction' -- subject(s): Mathematical models, Organization, Decision making, Economics, Mathematical, Mathematical Economics


Would personal income disposable income or discretionary income be of the greatest interest to marketers?

Discretionary income, not personal income or disposable income, would be the greatest interest to marketers.


How much is Washington state income tax?

Washington does NOT have any Personal Income TaxesNo state personal income taxRetirement Income: Not taxed.


What is definition of personal income?

An individual's income.