Personal income of households can be calculated in which of the following ways?
1
National income + Undistributed profits - Net interest payments - Corporate tax + Transfer payments from the government and firms
2
National income - Undistributed profits - Net interest payments - Corporate tax + Transfer payments from the government and firms
3
National income - Undistributed profits + Net interest payments - Corporate tax - Transfer payments from the government and firms
4
National income - Undistributed profits - Net interest payments - Corporate tax - Transfer payments from the government and firms