Disposable income equals aggregate income Question content area bottom Part 1 A. minus saving. B. plus net taxes. C. minus saving and minus net taxes. D. plus saving minus net taxes. E. minus net taxes.
Added by Silvia M.
Step 1
Disposable income is the amount of money that individuals or households have available to spend or save after paying taxes. Show more…
Show all steps
Your feedback will help us improve your experience
Pavitr Ahuja and 87 other Microeconomics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
Personal income equals disposable income plus a. personal savings. b. transfer payments. c. dividend payments. d. personal taxes.
Pavitr A.
Sridipta arrived in Canada and must learn new concepts in Canadian financial planning. This is fine as he enjoys personal finance. He is however wondering how to complete the following sentence under this finance terminology: Income minus mandatory income taxes and other payroll deductions, such as Canada Pension Plan or Quebec Pension Plan and Employment Insurance contributions is called _________________________________________. Select one: a. Take-home pay. b. Disposable after-tax income c. Net income d. Taxable income e. Net cash flow
Sheryl E.
1Disposable income a. decreases when net taxes decrease. b. decreases when income decreases. c. increases when saving decreases. d. all of the above are correct 2Double counting can be avoided by a. including the value of intermediate goods in the current year. b. including the value of intermediate goods in the GNP but not in the GDP. c. not counting the value of intermediate goods in GDP. d. including the value of intermediate goods in the production year but not in the selling year of those goods.
Anand J.
Recommended Textbooks
Principles of Economics
Principles of Microeconomics for AP® Courses
Economics
Transcript
Watch the video solution with this free unlock.
EMAIL
PASSWORD