Aggregate Income


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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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It is important to note that while these findings suggest that the lower class has increased in relative size over the 1969-86 period, the share of aggregate income held by this group has either remained the same or declined secularly.
8 percentage points, was caused by different rates of growth in the aggregate incomes used in each series.
One conjecture is that the trend toward female-headed families drove up income, but not consumption, poverty rates over the 1970s, and accounted for some of the failure of aggregate income gains to redress income poverty.
a) There are errors in both estimates of aggregate income.
The proportion of aggregate income going to black households at the low end of the income distribution (bottom 20%) decreased, while that for the top 20% increased.
2) Furthermore, the aggregate income elasticity is significantly greater than 1.
New statistics released by the National Restaurant Association show that not only do single persons dine out more frequently than their married counterparts, they also continue to grow in numbers and account for an increasing share of aggregate income.
Most of the existing literature on income distribution in Pakistan [3; 4; 8; 10; 12; 14; 17] focuses either on aggregate income or only on income from crops and classifies rural households by their income level.
Without those investments, we would never have been able to capitalize on those higher prices, which boosted Canada s aggregate income.
Although we are beginning this year at a more modest pace compared to the above-trend numbers seen at mid-year 2014, the country's aggregate income has benefitted from the improving labor market, which, combined with low gasoline prices, should help drive higher auto sales and overall consumer spending throughout 2015.
School funding is determined by the state Chapter 70 formula, which, in part, considers a town's property value and its residents' aggregate income to set a foundation amount towns and cities are to contribute to education.

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