________ income is the money available to a household over and above that required for a comfortable standard of living.

Question

Quizplus · Accepted Answer

Discretionary income is the money that a household has available after paying for necessities such as food, shelter, and clothing. This money can be used for non-essential items such as vacations, entertainment, or luxury goods. Capital income refers to money earned from investments or assets, net income refers to income after expenses are deducted, and invidious income is not a valid term.

________ Income Is the Money Available to a Household Over