The Money a Consumer Has Left After Paying Taxes to Use

question 257

Multiple Choice

The money a consumer has left after paying taxes to use for necessities such as food, shelter, clothing, and transportation is referred to as

• A) net income.
• B) disposable income.
• C) discretionary income.
• D) household income.
• E) gross income.

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Definitions:

Contented

A state of satisfaction and happiness, often resulting from fulfilling one's needs or achieving desired outcomes.

Emotional Reaction

An individual's immediate affective response to a stimulus, which can influence behavior and decision-making.

Future Possible Activities

Activities or tasks that individuals or groups might undertake in the future, which are currently considered as options or plans.

Cognitive Responses

The mental reactions and thoughts that arise in response to external stimuli, forming the basis of attitudes, beliefs, and actions.