____ is the income actually available to the consumers that determines aggregate demand.
A)Nominal income
B)Net domestic product
C)Income corrected for depreciation
D)Disposable income

Question

Quizplus · Accepted Answer

Disposable income is the income that households have available to spend or save after paying taxes and receiving transfer payments. This disposable income ultimately determines how much consumers are able to spend on goods and services, and therefore determines the level of aggregate demand in the economy. Nominal income refers to income that has not been adjusted for inflation, net domestic product is a measure of total economic output, and income corrected for depreciation is not a commonly used economic concept.

____ Is the Income Actually Available to the Consumers That