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John Locke's tabula rasa refers to
Real Income
The income of an individual or group after taking into consideration the effects of inflation on purchasing power.
Money Income
The total earned income in monetary terms by an individual or household, including wages, salaries, bonuses, and other financial gains.
Price Index
A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, over time.
Real Wage
Refers to wages that have been adjusted for inflation, representing the purchasing power of income.
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