Respuesta :
The relationship between consumption and disposable income is such that a direct and relatively stable relationship exists between consumption and income.
What do you mean by disposable income ?
The term "revenue" generally refers to the transfer of money, property, and other value received over a period of time in exchange for services or products. There is no single standard definition.
Income is defined according to the context in which the term is used. Disposable income is the source of many statistical measures and economic indicators. For example, when determining indicators such as disposable income, personal savings rate, marginal propensity to consume (MPC), and marginal propensity to save (MPS), economists start with disposable income (MPS). To determine your disposable income, you first need to know your gross income. For individuals, gross income is gross salary or earnings before taxes and other charges are deducted. Income tax you owe must be deducted from your gross income. Your disposable income is represented by the remaining amount.
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