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Bart Thunderheart Has an Annual Income of $75,000 a Year

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Bart Thunderheart has an annual income of $75,000 a year. He pays $25,000 in taxes, and spends another $15,000 on his home, car, food, and other "necessities." Last year, he decided to really enjoy his annual vacation, so he spent $5,000 to go skiing in Austria. What was Bart's discretionary income last year?


Definitions:

Superego

In psychoanalysis, the part of personality that represents conscience, morality, and social standards.

Id

In psychoanalysis, the part of personality containing inherited psychic energy, particularly sexual and aggressive instincts.

Factor Analysis

A statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved variables, called factors.

Myers-Briggs Inventory

A personality assessment tool that categorizes individuals into 16 personality types based on preferences in four dimensions.

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