As a new graduate, you made a salary of $50,000CDN; after paying taxes to use for such necessities as food, shelter, clothing, and transportation, you have $22,000CDN left over. This amount is known as your:

As a new graduate, you made a salary of $50,000CDN; after paying taxes to use for such necessities as food, shelter, clothing, and transportation, you have $22,000CDN left over. This amount is known as your:



A.

income


B.

net income


C.

disposable income


D.

gross income



Answer: C


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