New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    Which product below is likely purchased using

    discretionary income?
    A a new watch Correct Answer Incorrect Answer
    B condo fees Correct Answer Incorrect Answer
    C grocery bill for milk Correct Answer Incorrect Answer
    D a new suit for work Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Discretionary income is used for luxury items such as vacations.

    Practice Next