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Money converting us dollar to France money
In France they have euro's.
The money in France is called euro but only after WWII
the money (or currency) used in France is the euro
Budget items that remain the same month to moth is an example of a fixed expense that is paid for with discretionary funds. Discretionary fund is the money that is subject to one's own control.
Disposable income is the money a consumer has left after paying taxes to use for necesities such as food housing, clothing, and transportation. Discretionary income is the money that remains after paying for taxes and necessities and is used for luxury items.
There are a great many examples in the world of discretionary spending. Discretionary spending can be as simple as choosing whether you want to spend your money on ice cream.
Discretionary funds is the money the government can decide how to spend.
Because discretionary Income = The money people have left over once they have paid for all of their basic requirements (Food, Clothing, Shelter). You could also call it Disposable Income because it is money you have (hopefully) that you can spend on whatever you want. If people do not have very much discretionary income then they cant buy all kinds of useless stuff that marketers are trying to sell them. This would limit the potential demand for a good or service.
discretionary income.
discretionary income ka-ching!
Discretionary Income
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Sales tax is charged to items that people buy.
Money that can be used for any purpose
Discretionary fiscal policies are those that are enacted in response to a need, for example, a tax cut. Non-discretionary fiscal policies are those that happen regardless of conditions or need, for example, the welfare system.