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Which of the following is/are part of Disposable personal income?
  1. Net interest households’ payment
  2. Income Tax Payments
  3. Non-tax Payments such as fines
Select the correct answer code:
  • a)
    1, 2 
  • b)
    1, 3 
  • c)
    2, 3 
  • d)
    None of the above
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which of the following is/are part of Disposable personal income? Net ...
Disposable income refers to the money that can be used for personal tasks and saved as your savings. At the same time, disposable income is usually lower than nominal. This is explained by the need to deduct mandatory payments and taxes from the total amount.
DPI = PI (personal income) – personal tax (income tax) – non tax payment (fine)
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