Dissaving meansMultiple Choicethe same thing as disinvesting.that households are spending more than their current incomes.that disposable income is less than zero.that saving and investment are equal.

What is meant by the term 'disposable income

The difference between Personal Income and Disposable Income is Personal Savings.Group of answer choicesTrueFalse

Disposable income is defined as:Select one:a.Income thrown away on non-essentialsb.Income spent on essentialsc.Income kept in the bankd.Income available after tax and other deductions such as food, clothing and housing have been paid

What is the term for the level of disposable income at which households plan to consume (spend) all their income and to save none of it?Multiple Choicepersonal incomebreak-even incomehousehold incomeaggregate income

Distinguish between Personal Income and Disposable Income.