answersLogoWhite

0

The term for income adjusted for the cost of living is "real income." Real income reflects the purchasing power of an individual's earnings by accounting for inflation and changes in the cost of living. It provides a more accurate representation of economic well-being compared to nominal income, which does not consider these factors.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Related Questions

What is a long term care cost?

Long term care cost is essentially the cost to have him in the home. It would depend on both the home you choose, and annual income. You can get assistance from government programs.


When is the cost of a long term assets expensed?

Cost of long term asset is expensed through depreciation in income statement for entire useful life of an asset.


Where does the purchase cost of the businesses building go on an Income Statement?

Purchase cost of business is not come under income statement rather it is part of balance sheet and shown there as long term assets.


How can one calculate prices for term life insurance?

Many factors go into calculating prices for term life insurance. Factors to take into consideration are: Your dependents living expenses if your income is no longer available, the premium rate of the insurance company you chose and lowest cost policy for which you qualify.


What term best fits the sentence most poets have another job they can't make a living on the income from their poetry?

Yep.


Why would anyone want instant term life insurance?

An Instant Term Life Insurance is ideal if one wants cheap life insurance, they are also a low cost way of replacing income, most low income families benefit from this policy.


What is adjusted purchase?

the term adjusted purchase means the purchase value adjusted with opening stock and closing stock. i.e.- adjusted purchase= opening stock+purchases-closing stock Jitendra Kumar Nath 7418738372


Choose the term that best fits this group of words. most poets have another job they can't make a living on the income from their poetry?

Dual career.


What employers are exempt from giving cost of living raises?

Every company on the free market system of the United States. The term 'cost of living raises' are generally referred when allocating raising social security payments for the year.


Is GDP a part of national income. which term is broder GDP OR National income..?

National income is a part of GDP. GDP is a broader term.


What does the term rounder mean in in the world of poker players?

A rounder is a semi-pro or professional player who makes a living or a significant amount of their income from playing poker.


What are the long term care cost of hiring an aide?

When looking for a long term care aide for an elderly person, I would first look at the type of insurance she has and her income level. If she has insurance, it may cover it, and if her income is under a certain level she may be eligible for government assistance to pay for her aide.