Total personal income is defined by the United States' Bureau of Economic Analysis as: income received by persons from all sources. It includes income received from participation in production as well as from government
1 min estimated reading3 complete sections15.85 algorithmic grade estimate
Before you read
Use the article and the local dictionary together
The complexity label is calculated from sentence length and syllable estimates; it is guidance, not an assessment of you. Open any highlighted word below for its full local dictionary page.
Total personal income is defined by the United States' Bureau of Economic Analysis as: income received by persons from all sources. It includes income received from participation in production as well as from government and business transfer payments. It is the sum of compensation of employees (received), supplements to wages and salaries, proprietors' income with inventory valuation adjustment (IVA) and capital consumption adjustment (CCAdj), rental income of persons with CCAdj, personal income receipts on assets, and personal current transfer receipts, less contributions for government social insurance. Total personal income is a key value in calculating per capita income. It differs from private income in a number of ways.
See
*List of countries by per capita personal income *List of states by adjusted per capita personal income
