Home » Classroom » WAEC Economics 2014 Question

Disposable income is the income earned - WAEC Economics 2014 Question

Disposable income is the income earned

A
by the nationals of a country resident within the country
B
from prouctive activities of nationals of a country both at home and abroad
C
when personal income tax is deducted from personal income
D
when the gross income of an individual is added to person income tax
correct option: c

Disposable income; income remaining after deduction of taxes and social security charges, available to be spent or saved as one wishes.

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses