Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

What changes to basic income at points W and X could be included in the calculation to arrive at disposable income?

  • AW: bonus payment (add); X: direct taxes (subtract)
  • BW: bonus payment (add); X: indirect taxes (subtract)
  • CW: cost of living (add); X: direct taxes (subtract)
  • DW: cost of living (add); X: indirect taxes (subtract)

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