Personal income is estimated by (1) Dividing national income by population (2) Adding all factor incomes (3) Adding all factor incomes and transfer payments (4) Adding all factor incomes minus transfer payments

Personal income is estimated by (1) Dividing national income by popul

1.	Personal income is estimated by (1) Dividing national income by population (2) Adding all factor incomes (3) Adding all factor incomes and transfer payments (4) Adding all factor incomes minus transfer payments
Answer» (3) Adding all factor incomes and transfer payments

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Personal income is estimated by (1) Dividing national income by population (2) Adding all factor incomes (3) Adding all factor incomes and transfer payments (4) Adding all factor incomes minus transfer payments

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