The main influence on consumption expenditure is disposable income,which is
A)the income received by households less subsidies paid to the government.
B)the income received by government minus taxes.
C)the income received by individuals less company taxes.
D)the income received by households minus individual income taxes paid.
E)Answers A and C are correct.

Question

Quizplus · Accepted Answer

Disposable income is the income received by households minus individual income taxes paid. Therefore, option D is the correct choice. Options A, B, and C are incorrect as they do not correctly define disposable income. Option E is partially correct, but A is incorrect as it refers to subsidies paid to the government rather than received by households.

The Main Influence on Consumption Expenditure Is Disposable Income,which Is