The most useful discriminator of income to participate in tourism is
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Since the options are not given, I am not sure of the answer.
I think the correct answer should be - Discretionary Income.
Discretionary income is the amount of a person's income which is remaining after spending, saving, investing or after paying taxes along with paying for basic necessities like food, shelter and clothing. This income includes money that is spent on luxuries, vacations, and all other non-essential goods and services.
I think the correct answer should be - Discretionary Income.
Discretionary income is the amount of a person's income which is remaining after spending, saving, investing or after paying taxes along with paying for basic necessities like food, shelter and clothing. This income includes money that is spent on luxuries, vacations, and all other non-essential goods and services.
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Thanks for asking this question.
The most useful income discriminator is discretionary income. It is the income left after paying all the obligations like taxes and necessary expenses.
Mostly it is confused with the disposable income which is the leftover of our income after the payment of tax.
Tourism is a luxurious want which should be prioritized after all essential expenses.
So discretionary income will be best to use for the purpose of tourism.
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