General Knowledge Economy National Income Accounting

Which of the following is correct regarding Personal Disposable Income? 

1
Personal Disposable Income ≡ Personal Income + Personal tax payments - Non-tax payments
2
Personal Disposable Income ≡ Personal Income – Personal tax payments - Non-tax payments
3
Personal Disposable Income ≡ Personal Income – Personal tax payments + Non-tax payments
4
Personal Disposable Income ≡ Personal Income + Personal tax payments + Non-tax payments

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