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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