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diff b/w real income and money income
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diff b/w real income and money income
Real income implies with the purchasing power of the person which rises due to fall in price of the commodities or vice versa. On other hand, money income is the income earned in figure of cash.
Community Answer
diff b/w real income and money income
Real income means the income earned from exchange of goods and services in a economic structure. Whereas money income means the profit earned in lieu of cash or cash is the medium of exchange in the economic structure
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diff b/w real income and money income
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diff b/w real income and money income for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about diff b/w real income and money income covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for diff b/w real income and money income.
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