Discretionary income is defined as:
A) total market value of goods and services produced.
B) gross domestic product per capita.
C) income available after taxes.
D) income available before taxes.
E) income available after taxes and necessities.

Question

Quizplus · Accepted Answer

Discretionary income is the income available to an individual after taxes and necessities such as rent, utilities, and food have been paid for. Therefore, the best choice is E.

Discretionary Income Is Defined As