Roll over each income attribute, then match it with the income component it best describes. After needs Spent on needs Spent on luxuries Money income Post-taxes Pre-taxes Taxes change Savings Gross Income Disposable income Discretionary Income

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter9: Public Finance And Public Choice
Section: Chapter Questions
Problem 1P: Why would means-tested transfer payments (such as food stamps, in which benefits are reduced as...
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Roll over each income attribute, then match it with the income component it best describes.
After needs
Spent on needs
Spent on luxuries
Money income
Post-taxes
Pre-taxes
Taxes change
Savings
Gross Income
Disposable income Discretionary Income
Transcribed Image Text:Roll over each income attribute, then match it with the income component it best describes. After needs Spent on needs Spent on luxuries Money income Post-taxes Pre-taxes Taxes change Savings Gross Income Disposable income Discretionary Income
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