The difference between Private Income and Personal Income is ..(a) Corporate tax(b) Dividend(c) Corporate savings(d) Corporate tax and corporate savings

Question

The difference between Private Income and Personal Income is ..(a) Corporate tax(b) Dividend(c) Corporate savings(d) Corporate tax and corporate savings
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Solution 1

The difference between Private Income and Personal Income is (d) Corporate tax and corporate savings.

Here's why:

  1. Private Income: This is the total of all incomes received by the private sector of a country. It includes income from domestic sources, rest of the world, and the government. It al Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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