Glossary

Reset Glossary
disposable income

Subject: 

  • Economics

the total amount that households have available to spend after paying taxes.

Related Content

fixed costs
Subject:
Economics

(also called indirect costs) these do not vary with the amount of production (output) and...

central bank
Subject:
Economics

the bank of the state.

stagflation
Subject:
Economics

when the inflation rate is high and the economy is not growing

core inflation
Subject:
Economics

the inflation rate that excludes items that change frequently; such as interest rates; meat;...

Competition Act
Subject:
Economics

law to ensure that fair competition exists between businesses to protect the consumer.