Which of the following is the smallest dollar amount in the United States?
A) disposable income
B) personal income
C) gross domestic product
D) national income

Question

Quizplus · Accepted Answer

Disposable income refers to the amount of money an individual or household has available to spend or save after taxes and other mandatory payments have been deducted. It is usually the smallest dollar amount among the four options given. Personal income refers to income received by individuals before the deduction of taxes and other payments, while gross domestic product and national income are macroeconomic indicators of the overall economic performance of a country.

Which of the Following Is the Smallest Dollar Amount in the United