When we deduct the value of Personal Tax Payments and Non-Tax Payments from the value of Personal Income then we obtain the value of ............... . Option 1: Undistributed Profits Option 2: Personal Disposable Income Option 3: Domestic Income Option 4: Factor Payments to Household

The answer is 'Personal Disposable Income'. View full solution:

CUET Economics - When we deduct the value of Personal Tax Payments and Non-Tax Payments from the value of Personal Income then we obtain the value of ............... . | PYQs + Solutions

CUET Economics 2026 15th May Shift 1

Macro

Easy

Undistributed Profits

Personal Disposable Income

Domestic Income

Factor Payments to Household

✅ Correct Option: 2

Related questions:

14 May Shift 1

Choose the correct statements:

(A) Intermediate goods are used as raw materials or inputs for production of other commodities.

(B) Consumer goods are consumed when purchased by their ultimate consumers.

(D) Capital goods have a durable character which are used in the production process.

13 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Gross Domestic Product at Market Price	(I) NDPMP - Net Product Taxes - Net Production Taxes
(B) Net Domestic Product at Factor Cost	(II) GVA at basic prices - Net Production Taxes
(C) GVA(Gross Value Added) at factor cost	(III) C+I+G+(X-M)
(D) Gross National Product at Factor Cost	(IV) GNPMP - Net Product Taxes - Net Production Taxes

Choose the correct answer from the options given below:

11th May Shift 1

Calculate the value of $GDP_{MP}$ of a closed economy from the given table values.