Question

Components of a consumer's income include:

A inflation, recession, and recovery. Correct Answer Incorrect Answer
B salary, wages, commissions, and fees Correct Answer Incorrect Answer
C gross, disposable, and discretionary incomes. Correct Answer Incorrect Answer
D taxes, perquisites, and salary. Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

A consumer's ability to buy is related to actual income, which consists of gross, disposable, and discretionary components.

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