Which of the following needs to be subtracted from the National Income to get the Personal Disposable Income of all households?

1. Net interest payments made by households

2. Corporate Tax

3. Undistributed part of the profits earned by the firms

4. Personal tax and non-tax payments

Select the correct answer using the code given below.

1
2 and 3 only
2
1, 2, 3 and 4
3
1, 3, and 4 only
4
1 and 4 only

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