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Licemer1 [7]
1 year ago
8

The consumption schedule shows the relationship of household consumption to the level of?

Business
1 answer:
dlinn [17]1 year ago
5 0

The Consumption schedule shows the relationship of household consumption to the level of disposable income.

<h3>What is disposable income?</h3>

Disposable income is the sum of money that a person or household has available for spending or saving after income taxes have been subtracted (sometimes known as disposable personal income, or DPI). At the macroeconomic level, one of the most important economic indicators used to assess the overall health of the economy is disposable personal income. Net income equals disposable income. It is the balance remaining after taxes. The amount of net income that is left over after covering all essentials is referred to as discretionary income.

You could define disposable income as:

  • A country's national income less current transfers (current taxes on wealth, income, and other items, as well as social contributions and other current transfers), plus current transfers that residents of that country can get from the rest of the world.
  • Income that individuals or families have available for discretionary spending, is often known as disposable personal (or family/household) income. The amount of money left over after paying for bare needs like shelter, food, and fuel for a family is referred to as disposable income.

To know more about disposable income, visit:

brainly.com/question/14732695

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If Expenses are greater than income, you have a surplus
Hunter-Best [27]
False. It's called net income.
A <em>surplus</em> is when your income exceeds your expenses.
6 0
3 years ago
What is the maximum age a taxpayer with no qualifying children may be at the end of the year and still qualify for the earned in
MatroZZZ [7]

Answer:

The correct answer is: 65 years old.

Explanation:

The Earned Income Tax Credit (<em>EITC</em>) is provided to people with low income. The amount of that income and the number of people within their household will determine the amount of the tax credit. People with no children can also be eligible for the credit until they are 65 years old by the end of the tax period.

8 0
3 years ago
Which of the following is a valid interpretation of Say's law?
andrew-mc [135]
E. A given amount of supply creates an equal value of demand somewhere in the economy
5 0
3 years ago
Why have nonalcoholic drinks increased in popularity, and what difficulties do bar managers face when serving alcohol
Verizon [17]

Answer:

People consumes less of alcohol and more of non alcoholic drinks.

Explanation:

Now-a days people consumes less of alcoholic drinks as non alcoholic beverages or drinks are becoming non popular day by day. People have become more health conscience and wants to remain fit. Now wonder alcohol causes a lot harm to the human health. People now are aware of the side effects of consuming alcohol.

In the recent years the life style of the people have change a lot and they they have become health conscious than before. The consumption of other non alcoholic drinks have become familiar and famous including green tea, fruit juices, goji juice and many more.

The bar managers also face difficulty in serving alcohol to people as people refuse to drink them. They are more health conscience and is aware of the fatal incidents about drunk driving. They prefer other non beverages in the bar. As a result the sale of alcohol has decreased a lot. There are also various awareness programs running against consumption of alcohol.Thus people do not drink alcohol any more and so it is difficult for the bar managers to offer alcohol to their customers.

4 0
3 years ago
Companies use Blank______ advertisements to tell people what a product is, what it can do, and where it can be found.
BARSIC [14]

Answer:pioneering

Explanation:

6 0
2 years ago
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