Personal Disposable income is:

Related MCQs

• When disposable income rises from Rs 500 to Rs 600 and consumption expenditure changes from Rs 470 to Rs 560, MPC will be equal to
• Functional relationship between saving and disposable income is:
• Disposable Income does not include:
• Personal Income includes:
• A negative income elasticity of demand for a commodity indicates that as income falls, the amount of the commodity purchased:
• When individuals income falls (everything remain the same) his demand for an inferior good
• If negative income effect is greater than positive substitution effect : the product will be
• If negative income effect is less than positive substitution effect : the product will be
• If negative income effect is greater than positive substitution effect : price effect will be
• The income effect for a commodity is