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Discretionary Income

Question 229

Multiple Choice

Discretionary income


A) is the income from investments.
B) is the income adjusted to take out the effects of inflation.
C) is that part of disposable income which is not spent.
D) is an elusive concept because the definition of necessities varies from family to family and over time.
E) of the majority of U.S. families is enough to afford the lifestyles they see on TV and in other mass media.

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