minus-squareRednax@lemmy.worldtoToday I Learned@lemmy.world•TIL- The idea of how much you can afford to buy with your income is called “real income.” And if real income falls, that’s called a recession.linkfedilinkEnglisharrow-up11·edit-21 month agoIt is a unitless measure, since you divide income (euro) by price of goods and services (euro). linkfedilink
It is a unitless measure, since you divide income (euro) by price of goods and services (euro).