News tagged with income
Math and reading ability at age 7 may be linked with socioeconomic status several decades later, according to new research published in Psychological Science, a journal of the Association for Psychological Science. The ch ...
Psychology & Psychiatry May 08, 2013 | 5 / 5 (3) | 0 |
Many studies have linked the meals served at fast-food outlets to obesity, but is there a relationship between the number of restaurants in a country and the girth of its population?
Overweight and Obesity May 10, 2013 | 4 / 5 (1) | 2
Income is the consumption and savings opportunity gained by an entity within a specified time frame, which is generally expressed in monetary terms. However, for households and individuals, "income is the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings received... in a given period of time." For firms, income generally refers to net-profit: what remains of revenue after expenses have been subtracted. In the field of public economics, it may refer to the accumulation of both monetary and non-monetary consumption ability, the former being used as a proxy for total income.
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