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A Young Working Couple Earned $50,000 Last Year

Question 352

Multiple Choice

A young working couple earned $50,000 last year. Of that, they paid $16,000 in taxes and $15,000 in rent, food, insurance and other necessities. Their discretionary income for the year was:


A) $35,000.
B) $50,000.
C) $19,000.
D) $34,000.
E) $15,000.

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