disposable income ,discretionary income- Disposable income is money you have left after paying taxes; discretionary income is money left over after paying for rent, food, utilities, and life's other necessities. See also related terms forrent. ...
You have “disposable income.” But don’t go on a spending spree yet. Just because you have disposable income does not mean you also have “discretionary income.” Of all the terms in personal finance and budgeting, these are two of the most important. Understanding what disposable income a...
Disposable Income Examples Lesson Summary Register to view this lesson Are you a student or a teacher? I am a student I am a teacher Recommended Lessons and Courses for You Related Lessons Related Courses Consumption in Economics | Overview, Types & Example Economic Benefits: Definition & ...
TheBureau of Economic Analysis (BEA)tracks the month-to-month changes in disposable personal income. The agency reported that disposable income increased by $40.2 billion, or 0.2%, in April 2024 compared to the previous month.3A decrease in this month-over-month measurement would mean that house...
Disposable income can be calculated for a household or for a nation and has important economic significance. Not only is it one of the major determinants of consumer spending, but it is also one of the fivedeterminants of demand. How much disposable income a person or a population of people...
Disposable income is used by analysts to measure the state of an economy. It can also be used to measure the households’ financial reserves. It helps economists to measure the savings and spending rates of the households. Disposable income is used to derive severaleconomic indicatorsand measures...
A disposable income is the amount of money that households have available for spending and saving after taxes have been deducted. AN ECONOMIC CRISIS? NOT IF YOU'RE RICH; FIGURES SHOW A WIDENING GAP IN DISPOSABLE INCOME OVER THE LAST TWO DECADES The figures show that in percentage terms, the...
Personal income has a significant effect on consumer consumption. Asconsumer spendingdrives much of the economy, national statistical organizations, economists, and analysts track personal income on a quarterly or annual basis.23 In the United States, theBureau of Economic Analysis (BEA)tracks personal...
What is the disposable income definition? Disposable personal income is an economic term that refers to the part of income available for households or non-corporate businesses for spending or saving after meeting all their tax obligations and receiving government transfers. Transactions to the government...
This paper formulates a medium-term macroeconomic model of disposable income, unemployment, inflation and state spending, proposes a theory of qualitative choice to explain electoral popularity in terms of these variables and develops three approaches to the formulation of political-economic policy. The...