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Q:

Which of the following best defines disposable income?

A) Income received by householdsless personal taxes. B) The before-tax income received by households.
C) All income earned by resource suppliers for their current contributions to production. D) The market value of the annual output net of consumption of fixed capital.

Answer:   A) Income received by householdsless personal taxes.



Explanation:
Subject: Indian Economy
Exam Prep: Bank Exams
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