Disposable income is the income earned

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A By the nationals of a country resident within the country
B From prouctive activities of nationals of a country both at home and abroad
C When personal income tax is deducted from personal income
D When the gross income of an individual is added to person income tax

Correct Answer: Option C

Explanation:
Disposable income; income remaining after deduction of taxes and social security charges, available to be spent or saved as one wishes.

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Disposable income is the income earned

Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

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