Jason and Lucy Prepared a Household Budget in an Attempt

Multiple Choice

Jason and Lucy prepared a household budget in an attempt to manage their money better. They prepared the following list: Monthly Income (after taxes) = $4,500; Monthly Expenses (Necessities) , which include Rent: $550, Auto Loan: $250, Student Loan: $200, Savings: $500, Food: $200; Total Monthly Expenses = $1,700; Amount Left Over = $2,800 (income less necessary expenses) . The $2,800 they had left over is their __________.

A) gross income
B) personal income
C) disposable income
D) discretionary income
E) profit