Question 39
National IncomePersonal distribution of income implies
- A.the way in which income is distributed among specific households or spending units
- B.the distribution of income according to basic resources
- C.dividing income according to industries
- D.dividing income between personal taxes, consumption expenditures and savings
Show the answer and explanation
Answer: A (the way in which income is distributed among specific households or spending units)
Explanation
Personal distribution looks at how much income each household or person receives, as against the functional distribution among factors.