Disposable income is equal to
A. consumption expenditure minus taxes plus transfer payments.
B. aggregate income minus taxes plus government expenditures on goods and services.
C. aggregate income minus taxes plus transfer payments.
D. aggregate income plus transfer payments.
Answer:C
Disposable income is equal to
A. consumption expenditure minus taxes plus transfer payments. B. aggregate income minus taxes plus government expenditures on goods and services. C. aggregate income minus taxes plus transfer payments. D. aggregate income plus transfer payments.