If income is $10 trillion, taxes are $3 trillion, and transfers are $2 trillion, then disposable income is $_____ trillion. Plea
se choose the correct answer from the following choices. a) 5 b) 7 c) 9 d) 12
1 answer:
Answer:
b) $ 7 trillion
Step-by-step explanation:
The disposable income is defined as the amount of money that we have available for spending and saving after income taxes have been accounted for.
Then:
Disposable income= Income- Taxes= $10 trillion- $3 trillion = $7 trillion
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