Corporate income must be subtracted from national income to obtain personal income. How is it that personal

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Corporate income must be subtracted from national income to obtain personal income. How is it that personal income can be larger than national income?

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Basic Economics

ISBN: 978-1111826642

16th edition

Authors: Frank V. Mastrianna

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Question Posted: Mar 08, 2018 09:55 AM

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Corporate income must be subtracted from national income to obtain personal income. How is it that personal

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Unearned income such as government and business transfe...View the full answer

Basic Economics

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