Real income

Updated: Aug 20, 2021

Income measured in terms of the real goods and services it can buy. It can be calculated by dividing money income by a suitable index of prices.

Reference: The Penguin Dictionary of Economics, 3rd edt.

Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.