Disposable personal income is defined as
a. personal income less transfer payments plus personal taxes.
b. personal income less personal taxes.
c. personal income less depreciation.
d. personal income less personal taxes plus indirect sales taxes.
Personal disposable income is simply defined as the final income that is received by the person or an individual when the all taxes is being cut or reduced .
It has nothing to do with the depreciation and no personal tax is been added here
so the answer is option B
Disposable personal income is defined as a. personal income less transfer payments plus personal taxes. b....