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Personal income is most likely to exceed national income: (answers included)?


Personal income is most likely to exceed national income:

-when gross and net investment are equal.
-when gross investment exceeds net investment.
-during a period of recession or depression.
-during a period of extended inflation.

Thanks!

I would also say during a period of recession or depression because the government will spend more to stimulate economy, which would then lead to a budget deficit situation.

during a period of recession or depression!!!

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