Personal Income includes salaries and wages as well as investment income and government payments to individuals.

• A. Family Income
• B. Personal Income
• C. Disposable Income
• D. Net Earnings

Answer: (B)

Personal income is the total amount of income individuals receive from all sources before taxes. It includes wages and salaries, investment income (such as interest, dividends, and rents), and government transfer payments to individuals. That description matches the statement, so it correctly identifies the measure.

Other terms describe different concepts. Family income isn’t the standard macro measure for individuals, and disposable income is what you have left after personal taxes—income available to spend, not the total before taxes. Net earnings isn’t a typical macro term for the overall income individuals receive.

So the best fit for the described concept is Personal Income.