Discretionary income is generally used to measure the ability of a population to afford a luxury good.

Name: Discretionary income is generally used to measure the ability of a population to afford a luxury good.
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Discretionary income is the amount of an individual's income that is left for spending, investing, or saving after taxes and personal necessities (like food, shelter) have been paid. It is often used to assess the ability of a population to purchase non-essential items, including luxury goods.

Discretionary Income Is Generally Used to Measure the Ability of a Population