Section 2
Other Measures of Output
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4 concepts
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National Income
A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region.
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Personal Income
Personal income is an individual's total earnings from wages, investment interest, and other sources.
Disposable Income
Disposable income is the income left after paying taxes.
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GDP per capita
Gross domestic product (GDP) per capita is the mean income of people in an economic unit.