Discretionary income is associated with all of the following except
A) automobiles.
B) education.
C) pets.
D) furniture.
E) food.

Question

Quizplus · Accepted Answer

Discretionary income refers to the amount of money available after a person has paid for their necessary expenses such as rent, utilities, and food. Therefore, food is not associated with discretionary income as it is considered a necessary expense. The other choices - automobiles, education, pets, and furniture - can be considered discretionary expenses as they are not necessary for survival.

Discretionary Income Is Associated with All of the Following Except