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Economics · Oct / Nov 2016 · Paper 13 · Question 9

2281Households

What does net income mean?

  1. Aincome after allowing for price changes
  2. Bincome after paying regular household bills
  3. Cincome less tax and government deductions
  4. Dincome plus overtime payments

As printed in the paper

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Correct answer: C. income less tax and government deductions

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