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discretionary income |
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Discretionary income The amount of income a consumer has available after purchasing essentials such as food and shelter.
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This, combined with weak earnings growth, is putting downward pressure on discretionary incomes. On the other hand, if you have a positive number of discretionary income, you can then multiply that number by 12 to get your annual discretionary income. Discretionary income was determined by cross-tabulating and classifying the 60,000 households in the March 1987 Current Population Survey by income, age, occupation, education, number of earners, and other demographic characteristics. |
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