- Thursday, November 6, 2008, 13:42
- Economics
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Personal Disposable Income
GDP and national income must be carefully distinguished from personal disposable income (PDI) which is the amount actually available for spending and saving to the personal sector (which consists mainly of households but also unincorporated businesses and charities). To arrive at PDI we need to take account of three factors.
• Undistributed profits - not all profits earned by firms are paid out as ...
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