Asked by
Tanjunikqua Brown
on Nov 30, 2024
Verified
When disposable income is 4,000,I is ________ and saving is _______.
A) 3,000,500
B) 500,500
C) 500,3,500
D) 500,750
Disposable Income
The financial resources that households can allocate towards savings and expenditures after income tax deductions.
Saving
The portion of income not spent on current consumption, often put aside for future use or investments.
- Grasp the connection between net income and its impact on saving funds.
- Explain the connection between consumption, investment, and disposable income.
Verified Answer
MT
Learning Objectives
- Grasp the connection between net income and its impact on saving funds.
- Explain the connection between consumption, investment, and disposable income.