ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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T/F:Disposable income is t he money left after taxes are deducted.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Income left after paying taxes is referred to as disposable income. Disposable income is thus total personal income minus personal current taxes . Discretionary income is disposable income minus all payments that are necessary to meet current bills.
Detailed explanation-2: -Disposable income, also known as disposable personal income (DPI), is the amount of money that an individual or household has to spend or save after income taxes have been deducted.
Detailed explanation-3: -Disposable personal income measures the after-tax income of persons and nonprofit corporations. It is calculated by subtracting personal tax and nontax payments from personal income.
There is 1 question to complete.