Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN: 9780357033609
Author: Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher: Cengage Learning
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Chapter 1, Problem 5LO
Summary Introduction

To discuss: Impact of education, geographic location and age on personal income.

Personal income refers to total individual’s earnings from salaries (wages), investments and other ventures. It is total sum of all incomes received by all the individuals during a specific period.

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