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Disposable - album - was created in 1968-09.

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Disposable - album - was created in 1968-09.

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Personal Income = Disposable Income + Personal Savings

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yes because the disposable income it is necessary to determine total income so when income decrease does disposable income decrease also.

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Disposable income is defined to be income that is available for spending and saving after all taxes have been accounted for. Therefore, disposable income is a result of any income in a general sense. One needs to have a source of income such as a job to have more disposable income.

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Formulas are: Disposable income = consumption expenditure + savings - support of others; Discretionary income = Gross income - taxes - necessities. Although denotatively wrong, disposable income is commonly used to denote discretionary income.

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