Question

In \[NI=R+W+I+P+MI+(X-M)+(R-P)\], \[P\] includes:

Options

• Pension, scholarship, and unemployment allowance

• Distributed, undistributed, and corporate tax

• Lottery, gambling, and capital gains

• Imports, gifts, and donations

Answer 1

\[P\] means profits, including distributed profits, undistributed profits, and corporate tax. These are parts of entrepreneurial income.