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Income that is received as wages and is not adjusted for inflation is called ______ income. Multiple choice question.

Sagot :

Income that is received as wages and is not adjusted for inflation is called disposable income.

What is disposable income?

Disposable income is the available money for an individual to spend.

Charges such as tax will have been removed and the remaining is what an household spends.

Therefore, Income that is received as wages and is not adjusted for inflation is called disposable income.

Learn more on income here,

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