Income that is available to house holds for spending and saving after personal, income taxes have been deducted ?
Correct answer: A. Disposable income
- A. Disposable income
- B. Saving
- C. Net income
- D. All
Explanation
Disposable income is the amount households have left for consumption and saving after personal income taxes are deducted. Saving is only the portion of that disposable income that is not spent.
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