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23 Questions going from the national income to the disposable income (pages 110-111 book and our last classroom topic on Ch5) will not be on

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Questions going from the national income to the disposable income (pages 110-111 book and our last classroom topic on Ch5) will not be on the test to spare you some formula memorization, Here, however, you have access to the formula from the class, its breakdown in the book, and the figures in the NIPA handout for Ch 5. So. let's calculate the disposable income. Out of their national income, Americans: - allowed corporations to retain some of the profits, 2.8, but also received distributions from before. 3.2, so that on the net they received from corporations an extra 0.4 . contributed 1.5 to the soc sec. and medicare/aid and received 4.6 from there paid 2.7 in direct (income) tax on top of having paid 1.2 in indirect (sales) tax. Find the population's disposable income. Question 9 0.34 pts Which two of the below do households use their disposable income for? In your written work. explain what these two income allocations have to do with the cost-benefit analysis between the present and the future. investment consumption saving taxes ) transfers abroad

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