| 21. | As a result, real incomes and spending are reduced among the oil consumers.
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| 22. | Industrial production continues to decline, unemployment is rising, and real incomes are falling.
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| 23. | "We're in our second year of very large real income increases,"
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| 24. | Real income has been on the rise since last spring.
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| 25. | Real incomes are now 40 percent lower than they were in 1991, he said.
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| 26. | I think productivity growth is understated, real incomes are understated and inflation slightly overstated,
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| 27. | Unemployment remains extraordinarily low, and real incomes are rising strongly.
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| 28. | Cheaper imports mean lower prices and, hence, higher real incomes.
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| 29. | It reveals the change in quantity demanded brought by a change in real income.
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| 30. | This Identity states that, total real income is the sum of profits and wages.
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