Discretionary income equals

Question

Quizplus · Accepted Answer

Discretionary income is the amount of money that is left over after paying for necessary expenses such as housing, food, and other basic needs. Therefore, option D is the correct choice as it represents the definition of discretionary income. Option A, B, and E are incorrect because they do not account for expenses or savings, which are a necessary part of calculating discretionary income. Option C is incorrect because savings represent a portion of discretionary income, not the entire amount.

Discretionary Income Equals