PDI represents the actual spending power of households after meeting their tax obligations to the government.
Which one of the following equals Personal Disposable Income ?
Asked in UPSC CDS 2 2019 · Topic: National Income & Gross Domestic Product (National Income (NI), Personal Income (PI), Disposable Personal Income (DPI))
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Answer: A. Personal Income - Direct taxes paid by house‐ holds and miscellaneous fees, fines, etc.
More Economic Development questions
- National Income (NI) is
- Personal Disposable Income (PDI) is
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- In National Income (NI) accounts, Personal Income (PI) is defined as
- Personal Disposable income is equal to
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