Disposable Income

Money left over after paying your bills and basic living necessities is called:

• Discretionary Income

• Expenses

• Savings Account

• Disposable Income

Money received on a regular basis for work or through investments

• Values

• Taxes

• Fixed Cost

• Income

The two main factors affecting Disposable Income are:

• Direct Taxes and Nominal Income

• Foreign Investment and Nominal Income

• Technical Knowledge and Nominal Income

• Political Stability and Nominal Income

Money left over after taxes is called:

• Discretionary Income

• Disposable Income

• Income Tax Check

• Income Extra

Formula for Disposable Income

• Disposable Income = Personal Income + Taxes

• Disposable Income = Stock Income - Personal Income

• Disposable Income = Personal Income - Taxes

• Disposable = Personal Income - Money to buy products that you want

How many steps are usually used to calculate Disposable Personal Income?

• 2

• 3

• 4

• 5

Jin Pyo is a teacher who is teaching in Havard University. He earnes $5000 by teaching in school. He also earned $200 by selling his stock. Of these, $800 goes to taxes. How much is his Disposable Income?

• $5000

• $6000

• $3900

• $4400

Economists see how consumers save, spend and borrow through DPI

• True

• False

Andrew earned $3000 by working at Apple. Of these, $700 goes to the taxes and $200 goes to his medical insurance (charges). So how much is his Disposable Income?

• $2100

• $3900

• $2500

• $1900