Question

_______is the money that is available from an individual's salary after he/she pays local, state, and federal taxes?

• A. Personal Income
• B. Disposable Income
• C. Per Capita Income
• D. National Income

Answer 1

Answer:

B. Disposable Income

• Disposable income is the amount of money an individual has available to spend or save after paying taxes.

• It is an important factor in determining household energy decisions, as higher disposable income is typically associated with greater access to modern fuels and energy sources.