Discretionary income is:

Question

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Discretionary income is the money that is left over after paying for necessary expenses like housing, food, and other basic necessities. Option A refers to net income, which includes taxes but not necessarily other deductions. Option B refers to net pay, which is the amount of income left over after all deductions have been taken out. Option C refers to disposable income, which is the amount of income left over after taxes have been paid but not necessarily other deductions.

Discretionary Income Is