A consumer has $100,000 left for spending and savings after paying his taxes.This sum amounts to his disposable income.

Question

Quizplus · Accepted Answer

Disposable income refers to the amount of money a consumer has available for spending and saving after taxes have been deducted from their income. Therefore, the statement "a consumer has $100,000 left for spending and savings after paying his taxes" is an accurate representation of disposable income.

A Consumer Has $100,000 Left for Spending and Savings After