Income Average Propensity to consume is the percentage of disposable income spent. To find the percentage of disposable income spent, one needs to divide consumption by disposable income. ...more on Wikipedia about "Average Propensity to Consume"
Disposable income is the amount of an individual's total income left after taxes, plus any transfer payments (grants) received from the government or elsewhere. This income is available to be "disposed of" as either spending or saving. ...more on Wikipedia about "Disposable income"
Income, generally defined, is the money that is received as a result of the normal business activities of an individual or a business. For example, most individuals' income is the money they receive from their regular paychecks. ...more on Wikipedia about "Income"
Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. For a merchandising company, subtracted costs may be the cost of goods sold, sales discounts, and sales returns and allowances. For a product company advertising, manufacturing, and design and development costs are included. ...more on Wikipedia about "Net income"
Net National Income (NNI) is an economics term used in National income accounting. It can be defined as the Net National Product (NNP) minus indirect taxes. ...more on Wikipedia about "Net National Income"
The per capita income for a group of people may be defined as their total personal income, divided by the total population. Per capita income is usually reported in units of currency per year. ...more on Wikipedia about "Per capita income"
Remuneration is pay or salary, typically monetary payment for services rendered, as in an employment. ...more on Wikipedia about "Remuneration"
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Total Personal Income is the value most often used to calculate per capita income. It equals the total value of income received by, or on behalf of, all residents of a particular area. Total personal income is calculated by adding total active income (earnings), passive income, and government transfers. ...more on Wikipedia about "Total personal income"
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