Disposable income is the after-tax income a consumer has left after paying for necessities.

Name: Disposable income is the after-tax income a consumer has left after paying for necessities.
Brand: Quizplus
Rating: 4.7 (54 reviews)

Question

Quizplus · Accepted Answer

Disposable income is the total amount of money available for an individual or household to spend or save after income taxes have been deducted, but it does not account for necessary expenses such as food, housing, and transportation.

Disposable Income Is the After-Tax Income a Consumer Has Left