Asked by
Vasavi srinivas
on Nov 22, 2024
Verified
The amount of spending money available to households after paying taxes is called
A) discretionary income.
B) unaccountable income.
C) disposable income.
D) tax-free income.
E) at-will income.
Discretionary Income
The amount of an individual's income that is left for spending, investing, or saving after taxes and personal necessities (like food and shelter) have been paid.
Disposable Income
The amount of money an individual or household has to spend or save after taxes have been deducted.
- Distinguish between different types of consumer incomes and their relevance to marketing.
Verified Answer
KH
Learning Objectives
- Distinguish between different types of consumer incomes and their relevance to marketing.
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