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By driving onto a congested road for which no toll is charged, a driver
Discretionary Income
Discretionary income is the amount of an individual's income that is left for spending, investing, or saving after taxes and personal necessities have been paid.
Disposable Income
The amount of money an individual or household has available for spending and saving after taxes have been deducted.
Net Income
The total earnings or profit of a business after subtracting all expenses, taxes, and costs.
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) are taken care of.
Q7: People can be prevented from using a
Q64: What particular characteristic do private goods and
Q111: Refer to Table 10-5. If the government
Q147: A person's average tax rate equals her<br>A)
Q152: If your income is $40,000 and your
Q200: Because of the free-rider problem,<br>A) private markets
Q245: In a market with positive externalities, the
Q299: Tolls are not effective in altering people's
Q401: A congested side street in your neighborhood
Q479: In 1789, the average American paid approximately