If a family has Royal Doulton china,Rolex watches,and Lexus automobiles,one could assume that they have,or had:

Question

Quizplus · Accepted Answer

Discretionary income refers to the amount of money that a family has left after paying for necessary expenses such as housing, food, and transportation. It is the income that can be used for luxury items such as Royal Doulton china, Rolex watches, and Lexus automobiles. Therefore, the best choice in this scenario is discretionary income.

If a Family Has Royal Doulton China,Rolex Watches,and Lexus Automobiles,one