Answer:
(C) personal taxes are zero
Explanation:
Taxes are compulsory (mandatory) levy imposed by governments on individuals or corporations. It could be on their;
1. Income
2. Wealth or property
3. Sales or profits
4. or as Tariffs.
In a case of taxes imposed on income (personal income) the Personal income will equal disposable income when their are no personal taxes.
For example, If Mr Akin earns $30 monthly and he pays only personal income tax of $5 monthly, assuming in the month of December he was exempted from tax (meaning personal income tax is zero) his disposable would equal his personal income because there are no taxes for the month.
