Question

g You are given the following information. Durable good consumption 462 Residential investment 526 Imports 987 Government expenditure 1259 Receipts of factor income from abroad 45 Personal income 7863 Nonresidential investment 66 Nondurable goods 893 Exports 1056 Services 7638 Depreciation 125 Change in inventories 26 Payments of factor income abroad 59 Personal taxes 2538 Find disposable personal income

Answer 1

Answer:

$5,325

Explanation:

Disposable personal income is the income that remain after paying all personal taxes and purchase of final expenditure on goods and services.

Disposable personal Income = Personal Income of the consumers - Personal Taxes paid by the consumers

Disposable personal Income = $7,863 - $2,538

Disposable personal Income = $5,325

So, the disposable personal Income for the individual is $5,325.