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The transnational model is useful for large,multinational companies with subsidiaries in many countries that try to exploit both global and local advantages.
Market Income
The total income earned by an individual or household from market sources before taxes and transfers, including wages, rent, interest, and profits.
Disposable Income
The sum of funds households can allocate towards savings or expenditure once income taxes are deducted.
Minimum Wage
The lowest hourly, daily, or monthly remuneration that employers may legally pay to workers.
Federal Minimum Wage
The lowest legal hourly wage that employers can pay to workers in the United States.
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