_____ is the income households have available to spend or to save after paying taxes and receiving transfer payments.

Question

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Disposable income is the income households have available to spend or to save after paying taxes and receiving transfer payments. This is the amount that individuals have control over and can use for consumption or saving purposes. Gross income is the total income earned before taxes and deductions are taken out. Taxable income is the portion of gross income that is subject to taxation. Net income is the income remaining after taxes and deductions are taken out, which includes both disposable income and savings. Net taxes are the taxes paid after deductions and credits are taken into account.

_____ Is the Income Households Have Available to Spend or to Save