Disposable income is the net of taxes personal income that a household has available for usage. The household persons can spend it where they might think fit or they can save it. The personal income is subject to personal income taxes and the rest is available for disposal.
The formula for disposable income is:
Disposable income = Personal income – Personal income taxes
Assume Alex has a total of personal income of $60,000 and the marginal tax bracket of Alex is 22%. The disposable income will be calculated as follows”
Disposable income = $60,000 – ($60,000 x 22%) = $46,800
Disposable income also used by economists to predict the existing economic conditions.
1. To finance her education at DeVry Institute of Technology,
Daniel B. Butler and Freida C. Butler, husband and
3.1. What do we add to GDP to reach
Jarrod is a college student. All of Jarrod’s disposable income is
Your childhood friend, Brad Brooks, has asked you to
A client needs assistance with retirement planning. Here are the facts
Spreadsheet analysis is an appropriate means for studying the demand and supply
Demand estimation for brand-name consumer products is made difficult by
The Creative Publishing Company (CPC) is a coupon book publisher
Use the data set CONSUMP for this exercise. (i
