ECONOMICS
FISCAL POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Discretionary income
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amount of individual income that is left for spending
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The amount of money households have available for spending and saving after income taxes
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account set aside for an emergency
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a and b
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Explanation:
Detailed explanation-1: -What is Discretionary Income? Discretionary income is the amount of income that is left for an individual, household, or business after paying the necessary or essential expenses. Necessary expenses are expenses that are required either by law or are needed for survival.
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