Disposable income is the: A. amount of household income collected as tax revenue

Question

Disposable income is the: A. amount of household income collected as tax revenue. B. total income households have available to spend. C. portion of household income saved. D. portion of household income invested. 6. A recessionary gap occurs when: A. aggregate output falls below potential output. B. potential output falls below aggregate output. C. transfer payments undermine incentives to work. D. taxes on corporate profits undermine incentives to invest. Disposable income is the: A. amount of household income collected as tax revenue. B. total income households have available to spend. C. portion of household income saved. D. portion of household income invested. 6. A recessionary gap occurs when: A. aggregate output falls below potential output. B. potential output falls below aggregate output. C. transfer payments undermine incentives to work. D. taxes on corporate profits undermine incentives to invest. Disposable income is the: A. amount of household income collected as tax revenue. B. total income households have available to spend. C. portion of household income saved. D. portion of household income invested.

Explanation / Answer

1)

2)

B. total income households have available to spend.

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