An amount of money that an individual or household has to spend or save after income taxes have been deducted.
Which of the following term suit the above description?
Answer
Correct Answer : b ) Disposable personal income
Explanation :An amount of money that an individual or household has to spend or save after income taxes have been deducted is known as Disposable personal income.
Formula for calculation is:
Disposable Personal Income = personal income – personal current taxes
The capital adequacy ratio (CAR) is a measurement of a bank's available capital expressed as a percentage of a bank's risk-weighted credit exposures.
Hence, option (b) is correct.
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Shell
Noun: A hard rigid usually large covering of an animal.; The outside part of a fruit or seed.; Something like an external structure that resembles a shell.; A casing without substance.; The hard exterior of an egg.; A hard enclosing cover.
Verb: To take out of the shell.; To fall out of the shell.; To cast the external covering.; To gather shells from a beach.
"My mother collected shells at the beach."
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