3.7 million tough questions answered. Disposable income is sometimes referred to as disposable personal income, net pay or take-home pay. The key difference between personal income and personal disposable income is that personal income refers to an individual’s total earnings in the form of wages, salaries and other investments whereas personal disposable income refers to the amount of net income available to an individual to spend, invest and save after income taxes are paid. Ace your next exam with ease. C) income plus saving minus taxes. It is equal to personal income less personal current taxes. Disposable income is total personal income minus personal current taxes. Sum of spending and saving of households is equal to this amount. Personal consumption expenditures (PCE) is the value of the goods and services purchased by, or on the behalf of, “persons” who reside in the United States. Get the detailed answer: Disposable personal income is equal to _____. A) national income minus personal income taxes. 10770-1250=9520 National Income (NI) = Gross National Product (GNP) - Depreciation - Indirect business tax 13100-1400-30=11670 b. If you want to be a better budgeter, you'll need to brush up on some budgeting terms. Define disposable personal income and explain how to calculate it from GDP. It's an important economic indicator for the country. E) consumption plus saving minus taxes. The production of a given value of goods and services generates an equal value of total income. Subtracting personal outlays (which includes the major category of personal (or, private) consumption expenditure) yields personal (pr, private) savings. Even still, the concept of disposable income is extremely useful for budgeting, as well as in economic analysis and government policy creation. In order to derive disposable personal income we must subtract these personal taxes from personal income. Personalized courses, with or without credits. In national accounts definitions, personal income minus personal current taxes equals disposable personal income. Your dashboard and recommendations. asked Jan 24 in Criminal Justice by Carla. 11670-1500+600=10770 c. Disposable income = Personal income - personal tax payments. A) income minus taxes. It also is the foundation of your budget -- the starting point for how you decide to spend your money. d) Disposable income It is equal to difference between personal income and personal income taxes. B) personal income plus transfer payments. D) The Sum Of All Payments To Suppliers Of The Factors Of Production. Booster Classes. Homework Help. B) Another Term For Personal Income. Disposable Personal Income (DI): There are other personal taxes which are not considered when calculating personal income. Home. C) personal income minus personal income tax payments. Disposable income is equal to. a. 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