Which of these states a difference between personal income (PI) and disposable personal income (DPI)?

The distinction between personal income (PI) and disposable personal income (DPI) lies in the timing of tax considerations related to the income measurement. Personal income includes all income received by individuals from various sources such as wages, dividends, and interest before any taxes have been deducted. This comprehensive measurement gives a clear picture of an individual's total earnings.

Disposable personal income, on the other hand, is what remains after taxes have been subtracted from personal income. DPI represents the amount of income that individuals have available for spending or saving after fulfilling their tax obligations.

Understanding this difference emphasizes the financial realities individuals face regarding their earnings versus what they can actually utilize for discretionary spending or savings, reflecting the impact of taxation on personal finances.