Which of the Following Is True of Disposable Income

question 57

Multiple Choice

Which of the following is true of disposable income?

• A) It excludes transfer payments.
• B) It is the portion of income that is used solely for consumption.
• C) It is the part of total earned income that is paid to the government in the form of taxes.
• D) It is the difference between income and saving.
• E) It equals consumption expenditures plus saving.

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Definitions:

Alejandro Portes's Research

Scholarly work by sociologist Alejandro Portes, focusing on immigration, social capital, and the socioeconomic adaptation of immigrant populations.

Familism

A social structure where the needs and interests of the family are prioritized over individual desires, often impacting decisions and behaviors within cultural contexts.

Social Capital

The networks, relationships, and norms that contribute to a society's cooperation for mutual benefit.

Whiteness

A complex socio-political construct that encompasses racial identity, societal privilege, and cultural norms associated with white people.