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You just finished watching a scary movie and decide to take the trash out before going to bed. Halfway down the driveway, the streetlight goes out and something rattles the trashcans, just like in the movie before the monster attacked. Suddenly, the neighborʹs cat jumps up onto the top of the trashcan and you shriek. Your increased heart rate is in response to the neurotransmitter
Real Income
The purchasing power of an individual's or household's income, accounting for inflation.
Depreciation
An accounting method of allocating the cost of a tangible asset over its useful life.
Interest Expense
The cost incurred by an entity for borrowed funds; interest expense is often deductible for the borrower for tax purposes.
Inflation
The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.
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