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Income

Index Income

Income is the consumption and savings opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. [1]

37 relations: Adam Smith, American Standard Version, Basic income, Benjamin M. Friedman, Capital (economics), Composite good, Comprehensive income, Consumer choice, Developed country, Developing country, Economic inequality, Economics, Education, Factor income, Gapminder Foundation, Gini coefficient, Globalization, Income tax, Index of Economic Freedom, International Accounting Standards Board, Land (economics), Law of demand, Lorenz curve, Measures of national income and output, Morality, Net national income, Nicholas Barr, Paul the Apostle, Peace, Permanent income hypothesis, Public economics, Society, The New Palgrave Dictionary of Economics, Unpaid work, Wealth, Welfare, Working time.

Adam Smith

Adam Smith (16 June 1723 NS (5 June 1723 OS) – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment era.

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American Standard Version

The Revised Version, Standard American Edition of the Bible, more commonly known as the American Standard Version (ASV), is a Bible translation into English that was completed in 1901, with the publication of the revision of the Old Testament; the revised New Testament had been released in 1900. It was originally best known by its full name, but soon came to have other names, such as the American Revised Version, the American Standard Revision, the American Standard Revised Bible, and the American Standard Edition. By the time its copyright was renewed in 1929, it had come to be known by its present name, the American Standard Version. Because of its prominence in seminaries, it was in America sometimes simply called the "Standard Bible".

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Basic income

A basic income, also called basic income guarantee, universal basic income (UBI), basic living stipend (BLS) or universal demogrant, is a type of program in which citizens (or permanent residents) of a country may receive a regular sum of money from the government.

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Benjamin M. Friedman

Benjamin Morton Friedman (born 1944) is a leading American political economist.

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Capital (economics)

In economics, capital consists of an asset that can enhance one's power to perform economically useful work.

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Composite good

In economics, demand for a good is often the focus as to a change in its price.

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Comprehensive income

Comprehensive Income (or earnings) is a specific term used in companies' financial reporting from the company-whole point of view.

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Consumer choice

The theory of consumer and choice is the branch of microeconomics that relates preferences to consumption expenditures and to consumer demand curves.

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Developed country

A developed country, industrialized country, more developed country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations.

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Developing country

A developing country (or a low and middle income country (LMIC), less developed country, less economically developed country (LEDC), underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.

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Economic inequality

Economic inequality is the difference found in various measures of economic well-being among individuals in a group, among groups in a population, or among countries.

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Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

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Education

Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits.

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Factor income

Factor Income is income derived from selling the services of factors of production.

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Gapminder Foundation

Gapminder Foundation is a non-profit venture registered in Stockholm, Sweden, that promotes sustainable global development and achievement of the United Nations Millennium Development Goals by increased use and understanding of statistics and other information about social, economic and environmental development at local, national and global levels.

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Gini coefficient

In economics, the Gini coefficient (sometimes expressed as a Gini ratio or a normalized Gini index) is a measure of statistical dispersion intended to represent the income or wealth distribution of a nation's residents, and is the most commonly used measurement of inequality.

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Globalization

Globalization or globalisation is the process of interaction and integration between people, companies, and governments worldwide.

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Income tax

An income tax is a tax imposed on individuals or entities (taxpayers) that varies with respective income or profits (taxable income).

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Index of Economic Freedom

The Index of Economic Freedom is an annual index and ranking created by The Heritage Foundation and The Wall Street Journal in 1995 to measure the degree of economic freedom in the world's nations.

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International Accounting Standards Board

The International Accounting Standards Board (IASB) is the independent, accounting standard-setting body of the IFRS Foundation.

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Land (economics)

In economics, land comprises all naturally occurring resources as well as geographic land.

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Law of demand

In microeconomics, the law of demand states that, "conditional on all else being equal, as the price of a good increases (↑), quantity demanded decreases (↓); conversely, as the price of a good decreases (↓), quantity demanded increases (↑)".

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Lorenz curve

In economics, the Lorenz curve is a graphical representation of the distribution of income or of wealth.

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Measures of national income and output

A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), gross national product (GNP), net national income (NNI), and adjusted national income also called as NNI at factor cost (NNI* adjusted for natural resource depletion).

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Morality

Morality (from) is the differentiation of intentions, decisions and actions between those that are distinguished as proper and those that are improper.

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Net national income

Net national income (NNI) is an economics term used in national income accounting.

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Nicholas Barr

Nicholas Barr FRSA is a British economist, currently serving as professor of public economics at the London School of Economics (LSE).

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Paul the Apostle

Paul the Apostle (Paulus; translit, ⲡⲁⲩⲗⲟⲥ; c. 5 – c. 64 or 67), commonly known as Saint Paul and also known by his Jewish name Saul of Tarsus (translit; Saũlos Tarseús), was an apostle (though not one of the Twelve Apostles) who taught the gospel of the Christ to the first century world.

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Peace

Peace is the concept of harmony and the absence of hostility.

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Permanent income hypothesis

The permanent income hypothesis (PIH) is an economic theory attempting to describe how agents spread consumption over their lifetimes.

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Public economics

Public economics (or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity.

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Society

A society is a group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

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The New Palgrave Dictionary of Economics

The New Palgrave Dictionary of Economics (2008), 2nd ed., is an eight-volume reference work on economics, edited by Steven N. Durlauf and Lawrence E. Blume and published by Palgrave Macmillan.

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Unpaid work

Unpaid labor is defined as labor that does not receive any direct remuneration.

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Wealth

Wealth is the abundance of valuable resources or valuable material possessions.

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Welfare

Welfare is a government support for the citizens and residents of society.

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Working time

Working time is the period of time that a person spends at paid labor.

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Earning power, Economic income, Incomes, Low-income groups, Pre-fisc, Prefisc.

References

[1] https://en.wikipedia.org/wiki/Income

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