Definitions for disposable income
This page provides all possible meanings and translations of the word disposable income
income (after taxes) that is available to you for saving or spending
that portion of income which is available for spending on discretionary purchases; for individuals, it is usually calculated as total income less taxes. National disposable income, which is the disposable income of all individuals and businesses, is calculated as total national income minus taxes plus transfer payments. Dornbusch and Fischer (Macroeconomics)
The amount of a person's or group's monetary income which is available to be saved or spent (on either essential or non-essential items), after deducting all taxes and other governmental fees.
Disposable and discretionary income
Disposable income is total personal income minus personal current taxes. In national accounts definitions, personal income minus personal current taxes equals disposable personal income. Subtracting personal outlays yields personal savings, hence the income left after paying away all the taxes is referred to as disposable income. Restated, consumption expenditure plus savings equals disposable income after accounting for transfers such as payments to children in school or elderly parents’ living arrangements. The marginal propensity to consume is the fraction of a change in disposable income that is consumed. For example, if disposable income rises by $100, and $65 of that $100 is consumed, the MPC is 65%. Restated, the marginal propensity to save is 35%. For the purposes of calculating the amount of income subject to garnishments, United States' federal law defines disposable income as an individual's compensation after the deduction of health insurance premiums and any amounts required to be deducted by law.
Sample Sentences & Example Usage
Overall, the tone of this report was disappointing as it points to a weak start to spending activity this year, despite the significant boost to disposable income from lower gasoline prices.
The need for bulk wheat, corn and rice will increase as local GDP and disposable income increases, again from Thailand, India, the U.S.A. - if all is forgiven - and South America plus the Black Sea.
Things are looking positive since the shopping season coincided with a big drop in crude oil, which means lower gas prices, that translates to more disposable income, which could mean stronger retail sales.
The data still isn't in yet, but things are looking positive since the shopping season coincided with a big drop in crude oil, which means lower gas prices, that translates to more disposable income, which could mean stronger retail sales.
You can take it out of context all you want, but high sustained growth means people work 40 hours rather than 30 hours and that by our success they have disposable income for their families to decide how they want to spend it rather than standing in line and being dependent upon government.
Translations for disposable income
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"disposable income." Definitions.net. STANDS4 LLC, 2016. Web. 13 Feb. 2016. <http://www.definitions.net/definition/disposable income>.