Related topics: earnings

Model simulates urban flood risk with an eye to equity

Plans for flood mitigation along urban rivers often benefit some neighborhoods more than others. Researchers and collaborators in a densely populated California floodplain developed a way to help planners see how infrastructure ...

How the 'model minority' myth harms Asian Americans

May is Asian and Pacific American Heritage Month, a time when Americans celebrate the profound contributions of Asian Americans and Pacific Islanders—a group that is commonly abbreviated as AAPI—to U.S. society. It's ...

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Income

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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