Asked by James O'Connor on May 22, 2024
Verified
When disposable income is 3,000,saving is
A) 0.
B) 250.
C) 375.
D) 500.
E) 3,250.
Disposable Income
The available financial amount for households to use in saving or spending after accounting for income tax.
Saving
The action of setting aside a portion of one's income or resources for future use or investment.
- Perceive the association between money available after expenses and the practice of saving.
Verified Answer
MM
Miselo MhlongoMay 28, 2024
Final Answer :
B
Explanation :
Based on the information given, we do not have enough information to determine the exact amount of savings. However, we do know that disposable income is the amount of income remaining after taxes and necessary expenses are deducted. Therefore, we can assume that a portion of the disposable income can be saved. Option B is the best choice since you can save up to 250.
Learning Objectives
- Perceive the association between money available after expenses and the practice of saving.