Vidyalelo
Commerce · Q969

Financial Management

Graduate and Post Graduate · Commerce · question 969

Q969

Reduced consumer demand for loans, homes and new automobiles is result of

A.
less disposable income
Answer
B.
high disposable income
C.
federal disposable income
D.
discount disposable income

Answer: Option A

Solution

Answer: Option A
Solution:
Reduced consumer demand for loans, homes and new automobiles is result of less disposable income. Disposable income, also known as disposable personal income (DPI), is the amount of money that households have available for spending and saving after income taxes have been accounted for.