An important thing for households to consider is their _____-that is, the amount of income that is left over after the necessities of life (e.g. rent, rates, food, clothing, power bills, transport to work, repayments) have been paid for.
A) combined income
B) primary income
C) disposable income
D) gross income

Question

Quizplus · Accepted Answer

Disposable income refers to the amount of money that a household has left over to spend or save after all the necessary expenses have been paid for. It is an important measure of a household's financial health and can be used to determine its ability to make investments or to afford additional expenses such as vacations, education or health care. Combined income refers to the total income earned by all members of a household, primary income refers to the main source of income for a household, while gross income refers to the total income earned by an individual or household before taxes and other deductions are taken out.

An Important Thing for Households to Consider Is Their _____-That