Transfer payments by the enterprises

Transfer payments by the govt.

National income

Interest payments by house-holds

Deflationary conditions

Heavy industry bias

Shortage of raw materials

Inadequate productive capacity

Capital accumulation

Resource discovery

Population growth

Technological development

Always equal to personal income

Always more than personal income

Equal to personal income minus direct taxes paid by household

Equal to personal income minus indirect taxes

The cigarette industry

The barber shops

The gasoline stations

Wheat farmers