The difference between personal income and disposable personal income is
a. personal income includes indirect business taxes while disposable income does not.
b. disposable personal income is what is left after personal income taxes have been paid while personal income includes personal income taxes.
c. personal income includes transfer payments while disposable personal income does not.
d. personal income is what is left after personal income taxes have been paid while disposable income includes personal income taxes.

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30-12-2017
Business

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The difference between personal income and disposable personal income is
a. personal income includes indirect business taxes while disposable income does not.
b. disposable personal income is what is left after personal income taxes have been paid while personal income includes personal income taxes.
c. personal income includes transfer payments while disposable personal income does not.
d. personal income is what is left after personal income taxes have been paid while disposable income includes personal income taxes.

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xkrystalfuentes xkrystalfuentes · Answer 1 · 2017-12-30T14:58:32+01:00

xkrystalfuentes xkrystalfuentes

30-12-2017

D, PERSONAL INCOME IS WHAT IS LEFT AFTER PERSONAL INCOSME TAXES HAVE BEEN PAID WHILE DISPOSABLE INCOME INCLUDES PERSONAL INCOME TAXES

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Baraq Baraq · Answer 2 · 2021-10-08T14:08:41+02:00

The difference between personal income and disposable personal income is:

"disposable personal income is what is left after personal income taxes have been paid while personal income includes personal income taxes."

This is based on the fact that personal income is a combination of disposable personal income and personal income tax.

A personal income can be any revenue, wages, salary, bonus, share dividends, etc., that is earned.

It is from this personal income that the personal income tax is deducted.

The remaining amount is, however, called disposable personal income.

Hence, in this case, the correct answer is option B.

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