The amount of after-tax income received by households is measured by

Question

Quizplus · Accepted Answer

Disposable income is defined as the amount of after-tax income received by households, which means it is the most appropriate choice for the given question. Discretionary income is the amount left over after paying for necessities, such as housing and food, and is therefore a narrower category. National income and personal income are broader measures that include other types of income, such as business profits and investment income.

The Amount of After-Tax Income Received by Households Is Measured