📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Personal disposable income is

    : 
    A Always equal to personal income Correct Answer Incorrect Answer
    B Always more than personal income Correct Answer Incorrect Answer
    C Equal to personal income minus indirect taxes Correct Answer Incorrect Answer
    D Equal to personal income minus direct taxes Correct Answer Incorrect Answer

    Solution

    Personal disposable income is the amount of income left after direct taxes (such as income tax) have been deducted from personal income.

    Practice Next
    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call