Income that you have left to spend after you pay your taxes

Assignment Help Operation Management

Reference no: EM131437104

1. The Consumer Price Index has gone up by 9.1% over the last year. The Federal Reserve wonders what it can do to help improve this situation.

a. Should the Federal Reserve use Fiscal or Monetary policies?

b. Should the Fed use expansionary or contractionary policies?

c. List two of the expansionary or contractionary policies the Federal Reserve should use for full credit.

2. Income that you have left to spend after you pay your taxes and after you have paid for necessities such as rent, food and clothing is called:

a. Discretionary Income b. Gross Income c. Disposable Income d. Net Income e. Leisure Income

Reference no: EM131437104

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