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Aggregate Income

   Also found in: Acronyms, Wikipedia 0.01 sec.
Aggregate Income
The total income earned by all persons and companies in a country or region. The aggregate income generally does not adjust for inflation, debt, taxes, or other things. There are a number of ways to measure aggregate income, but GDP is one of the best known and most widely used.


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Economists call this increase in aggregate income the "multiplier" effect.
Following the latter discussion, the next section of the article is dedicated to a comparative analysis of aggregate income estimates from the CE and CPS.
The latter authors find, for example, that monopoly rights can reduce aggregate income in the long run by a factor of seven.
 
 
 
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