Given and , Determine the Following

question 82

Multiple Choice

Given and , determine the following.

---

Definitions:

Disposable Income

Income available to households for the strategies of saving and spending after tax deductions.

Billion

A Billion is a numerical value equivalent to one thousand million (1,000,000,000) in the American short scale, commonly used in financial and demographic contexts.

Saving

The portion of income that is not spent on consumption or taxes, often set aside for future use or investment.

Disposable Income

Resources that become available for households for expenditure and saving activities following income tax deductions.