Concept:Disposable income is the income left after deducting taxes from total income.
Explanation:Total income is the full amount earned by a person before any deductions.
From this total, personal income tax is subtracted.
The amount that remains is disposable income.
This remaining income is used for spending on goods and services or for saving.
In equation form,
Yd=Y−T, where
Y is total income and
T is tax.
Therefore, disposable income is total income less tax, not income divided by tax, plus tax, or multiplied by tax.
Answer:A. less tax