What is true of disposable incomea it excludes transfer, Ask an Expert

Economics

What is true of disposable income?

A. it excludes transfer payments

B. the portion of income is used solely for consumption

C. it is that part of aggregate income that is taken in taxes by government

D. All of disposable income contributes directly to aggregate expenditure

E. disposable income equals consumption expenditures plus saving

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91570728

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