Question on: WAEC Economics - 2014
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
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Correct Option: C
Disposable income; income remaining after deduction of taxes and social security charges, available to be spent or saved as one wishes.
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