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CAPF ACs 2018 Q107

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1. In National Income (NI) accounts, Personal Income (PI) is defined as

NI – undistributed profits – net interest payments made by households – corporate tax + transfer payments to the households from the government and firms

NI – undistributed profits – corporate tax + transfer payments to the households from the government and firms

undistributed profits – net interest payments made by households + transfer payments to the households from the government and firms

undistributed profits – net interest payments made by households – corporate tax

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CAPF ACs 2018 Q107

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