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Answer to Question #68844 in Macroeconomics for john king
Question #68844
calculate disposable personal income given the following data for hypothetical country
Expert's answer
Disposable personal income (DPI), is the amount of money that households have available for spending and saving after income taxes have been accounted for.
DPI = Personal income (PI) - Taxes (T)
DPI = Personal income (PI) - Taxes (T)
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