Question: In the table below, you are given data for the country of Hemlock. National income$1,050Personal income taxes350Other income not paid out75Corporate profit taxes60Undistributed profits44Transfer payments380
In the table below, you are given data for the country of Hemlock.
National income$1,050Personal income taxes350Other income not paid out75Corporate profit taxes60Undistributed profits44Transfer payments380
a. The value of personal income is $.
b. The value of disposable income is $.
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