Question

From Disposable Income, ___________________ (the C in the expenditures model used to calculate GDP) is subtracted to arrive at Personal Savings by all Households within our economy. Consumption of Fixed Capital Personal Consumption Expenditure Capital Investment None of the above

Answer 1

is subtracted to arrive at Personal Savings by all Households within our economy.

Step-by-step explanation:

• The disposable income consists of the personal income minus the current taxes, which equals to the disposable income of the person. Hence the income that is left after paying the taxes said to be the disposable income.

• A better way to define the person's disposable income is included by the salary, the overtime, bonuses, and the commission, and paid leave after deductions form the health insurance and premiums.

• And the discretionary income is measured by minus of all payments that are needed for meeting the current bills.