answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: If the CPI is 220 and nominal income is 37000 approximately what does real income equal?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How big is 37000 acres?

37,000 acres is equal to about 57.8 square miles.


Why economy's income must equal its expenditures?

hy do economists use resl GDP rather than nominal GDP to gauge economic well-being?


Does real cost of hedging payable with forward contract equal to nominal cost of hedging minus nominal cost of not hedging?

yes


Net income is equal to your gross income plus taxes?

That would do it for me, but unfortunately for me my net income is equal to my gross income minus taxes.


How many millimetres are there in 3.7 decametres?

There are 10000 millimetres in one decametre. Therefore, 3.7 decametres is equal to 3.7 x 10000 = 37000 millimetres.


How many milligrams are there in 37 grams?

There are 1000 milligrams in one gram. Therefore, 37 grams is equal to 37 x 1000 = 37000 milligrams.


What is personal income equal to?

Personal income is equal to the money an individual makes in a year. Personal income is usually derived from jobs or investments.


One kilogram is equal to approximately?

One kilogram is equal to approximately 2.2 pounds.


What does the nominal GDP divided by a price index multiplied by 100 equal?

Real GDP


What does 'net' mean with regards to interest rates?

It can mean many things depending on the context. With respect to mortgage interest, your effective (net) interest rate will be nominal rate (quoted rate) less tax savings you can achieve when itemizing deductions on your 1040. net interest rate = nominal rate - (nominal rate * your income marginal tax rate) or net interest rate = nominal rate * (100% - your marginal income tax rate) It will be analogical calculation with respect to corporate bonds or treasury bonds, since interest on them is taxable on federal level. But here you will be worse off, not better off, since you will be making less due to taxes. For municipal bonds, which are exempt from federal income taxes - your nominal coupon interest will be equal to your net coupon interest when analyzing federal tax implications. I am pretty sure the term Net Interest can be used in many more situations.


Is net earnings equal to net income?

I believe so. Net Income is equal to the income that a firm has after subtracting costs and expenses from the total revenue.


What is the curvy equal sign's name?

Approximately equal.