A-LevelEconomicsThe macroeconomy9708/12 · May/June 2018 · Q211 Mark
A government statistical office measured changes in income from employment, pensions and benefits, then subtracted income tax and welfare contributions and adjusted for inflation. What did the final figure represent?
Achanges in nominal income
Bchanges in nominal net earnings
Cchanges in real disposable income
Dchanges in real gross earnings
✓ Correct answer
C: changes in real disposable income
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