Disposable income is best defined as
A) income adjusted for inflation
B) nominal income
C) the income remaining after bills have been paid
D) income after taxes have been paid and transfers received
E) income paid in dollars that are worthless

Question

Quizplus · Accepted Answer

Disposable income is the income that an individual or household has after taxes have been paid and transfers received. It represents the actual amount of income that can be used for spending and saving.

Disposable Income Is Best Defined as