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Questions and Answers
What does absolute income refer to?
What does absolute income refer to?
- Income streams that can be automated
- Ultimate goal for achieving aspirations
- Total amount of money earned regardless of external factors (correct)
- Income compared to others in the same industry
Flashcards
What is absolute income?
What is absolute income?
The total amount of money earned by a person or household, without considering factors like inflation, taxes, or the cost of living.
