The money a consumer has left after paying taxes to use for necessities such as food, shelter, clothing, and transportation is referred to as
A) net income.
B) disposable income.
C) discretionary income.
D) household income.
E) gross income.

Question

Quizplus · Accepted Answer

Disposable income is the amount of money a consumer has left after paying taxes, which can be used for necessities like food, shelter, clothing, and transportation.

The Money a Consumer Has Left After Paying Taxes to Use