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Economic Income
The total value of all income received by individuals or corporations, including both realized and unrealized gains.
Net Worth
The total value of all assets owned by an individual or corporation, minus the total value of all liabilities owed at a point in time.
Consumption
Consumption denotes the use of goods and services by households, representing the final purchase of goods and services to satisfy wants and needs.
Net Worth
The total assets minus total liabilities of an individual or company, representing the financial value of the entity.
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