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What is personal disposable income and how it is calculated?
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What is personal disposable income and how it is calculated?
Personal Disposable Income refers to that part of Personal Income that is actually available to households for consumption or for saving . Similar to the firms, the individuals also pay taxes and other payments (such as fees and fines) to the government. Such payments are deducted from the Personal Income to arrive at an estimate of Personal Disposable Income. This is because such payments are not available to the individuals for consumption or saving.Personal Disposable Income = Personal Income – Direct Personal Taxes – Miscellaneous Receipts of the Government (fees and fines)Not in our course if m not wrong...
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What is personal disposable income and how it is calculated?
Ya it's not in our course..
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What is personal disposable income and how it is calculated?
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What is personal disposable income and how it is calculated? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is personal disposable income and how it is calculated? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is personal disposable income and how it is calculated?.
What is personal disposable income and how it is calculated? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is personal disposable income and how it is calculated? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is personal disposable income and how it is calculated?.
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