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Question
what is disposable income?
what is disposable income?
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Solution
Personal disposable income is that part of personal income that is actually available for consumption and saving by the households after paying personal direct taxes and other miscellaneous payments (such as fees and fines) to the government.
Personal disposable income is that part of personal income that is actually available for consumption and saving by the households after paying personal direct taxes and other miscellaneous payments (such as fees and fines) to the government.
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