Nominal Income in a sentence
Antonym: real income
Meaning: Income measured in current dollars without adjusting for inflation.
(1) Inflation can erode the purchasing power of nominal income over time.
(2) Nominal income can be adjusted for inflation to calculate real income.
(3) Nominal income can be impacted by changes in tax rates and deductions.
(4) The nominal income of the average worker has increased by 5% this year.
(5) Nominal income does not take into account changes in the cost of living.
(6) The government announced a rise in nominal income for all civil servants.
(7) Despite the increase in nominal income, the cost of living has also gone up.
(8) A rise in nominal income does not necessarily mean an increase in real income.
(9) Nominal income can vary significantly across different industries and regions.
(10) Nominal income is often reported on annual tax forms and financial statements.
Nominal Income sentence
(11) The nominal income of the middle class has remained stagnant for the past decade.
(12) Nominal income can be impacted by changes in the minimum wage or other labor laws.
(13) The company offers performance-based bonuses in addition to a fixed nominal income.
(14) The study found a significant disparity between the nominal income of men and women.
(15) The government is considering adjusting tax brackets based on nominal income levels.
(16) Nominal income can be affected by changes in the overall productivity of the economy.
(17) Nominal income can be affected by changes in the overall demand for goods and services.
(18) The study found that nominal income growth has not kept pace with rising housing costs.
(19) The company's employees are demanding a higher nominal income to keep up with inflation.
(20) The government is implementing policies to boost nominal income for low-income families.
Nominal Income make sentence
(21) Nominal income can be affected by changes in the exchange rate for international workers.
(22) The nominal income of individuals in rural areas is often lower than those in urban areas.
(23) The government is working towards reducing the gap between nominal income and real income.
(24) The nominal income of freelancers can vary greatly depending on their clients and projects.
(25) The study revealed that nominal income disparities contribute to widening income inequality.
(26) Nominal income is an important consideration when budgeting and planning for future expenses.
(27) The nominal income of the CEO is significantly higher than that of the entry-level employees.
(28) Nominal income is often used as a basis for calculating taxes and other financial obligations.
(29) Changes in nominal income can impact consumer spending patterns and overall economic activity.
(30) The nominal income of retirees is often lower than what they earned during their working years.
Sentence of nominal income
(31) The government is considering adjusting social security benefits based on nominal income levels.
(32) Nominal income is often used as a benchmark for comparing wage levels across different occupations.
(33) Nominal income can be impacted by changes in the availability of overtime or additional work hours.
(34) The government uses nominal income data to track economic growth and measure the standard of living.
(35) The nominal income of individuals in the gig economy can fluctuate significantly from month to month.
(36) The company's employees are demanding a higher nominal income to cope with rising healthcare expenses.
(37) The concept of nominal income refers to the amount of money earned before any adjustments or deductions.
(38) The nominal income of individuals in the technology sector is generally higher than in other industries.
(39) Nominal income can be influenced by factors such as union membership and collective bargaining agreements.
(40) Nominal income is an important measure of economic well-being and can impact individuals' quality of life.
Nominal Income meaningful sentence
(41) The company is planning to introduce a new salary structure to ensure fair distribution of nominal income.
(42) Nominal income is an important factor in determining eligibility for certain government assistance programs.
(43) The government is exploring ways to stimulate nominal income growth in rural areas to reduce urban migration.
(44) The study revealed that nominal income alone does not accurately reflect an individual's financial well-being.
(45) The nominal income of individuals in managerial positions is typically higher than that of their subordinates.
(46) The company's profits have soared, but the nominal income of its employees has not seen a significant increase.
(47) The study found that nominal income growth has not translated into improved living standards for many households.
(48) The nominal income of professionals with advanced degrees tends to be higher than those with only a high school diploma.
(49) The company is committed to providing equal opportunities for career growth and increasing nominal income for all employees.
(50) The government is implementing measures to ensure that nominal income growth is inclusive and benefits all segments of society.
Nominal Income meaning
Nominal income refers to the amount of money an individual or entity earns before accounting for inflation or any other adjustments. It is essential to understand how to use the term "nominal income" correctly in a sentence to convey the intended meaning. Here are some tips on how to incorporate this phrase effectively:
1. Definition and Context: Begin by providing a brief definition or explanation of nominal income to ensure your readers understand the term.
For example, "Nominal income, also known as gross income, represents the total earnings of an individual or organization before accounting for inflation or other adjustments."
2. Clear and Concise Language: When using the phrase "nominal income" in a sentence, it is crucial to be clear and concise. Avoid using complex or convoluted sentence structures that may confuse the reader. Instead, opt for straightforward language that conveys your message effectively.
3. Proper Grammar and Syntax: Ensure that your sentence adheres to proper grammar rules and syntax. This includes using the correct verb tense, subject-verb agreement, and appropriate punctuation.
For example, "John's nominal income increased by 10% last year."
4. Accurate Usage: Use the term "nominal income" accurately in the context of your sentence. Avoid misusing or misinterpreting the phrase, as it may lead to confusion or miscommunication. For instance, "The company reported a nominal income of $1 million, but after accounting for inflation, their real income was significantly lower."
5. Provide Examples: To enhance understanding, provide examples that illustrate the concept of nominal income. This can help readers grasp the meaning of the term more easily. For instance, "Sarah's nominal income is $50,000 per year, but due to rising prices, her purchasing power has decreased."
6. Compare with Real Income: To highlight the significance of nominal income, consider comparing it with real income. Real income takes into account inflation and provides a more accurate representation of an individual's purchasing power.
For example, "Although John's nominal income has increased over the years, his real income has remained stagnant due to high inflation rates."
7. Use in Economic or Financial Context: The term "nominal income" is commonly used in economic or financial discussions. Therefore, it is essential to incorporate it within the appropriate context. This can include discussions about wages, salaries, economic indicators, or income inequality. For instance, "The government's report on nominal income growth indicates a positive trend in the country's economy."
8. Consider Different Perspectives: When discussing nominal income, consider different perspectives or viewpoints to provide a well-rounded understanding of the concept. This can include analyzing the impact of nominal income on different socioeconomic groups or industries.
For example, "The rising nominal income of the top 1% has contributed to growing income inequality in the country."
9. Use in Academic Writing: If you are using the term "nominal income" in an academic or research paper, ensure that you follow the appropriate citation and referencing guidelines. This will help maintain the credibility and integrity of your work.
10. Proofread and Edit: Lastly, always proofread and edit your sentence to ensure it is free from any grammatical errors or inconsistencies. This will help you present your ideas clearly and professionally. By following these tips, you can effectively incorporate the term "nominal income" in a sentence, allowing your readers to understand its meaning and significance within the given context.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Nominal Income. They do not represent the opinions of TranslateEN.com.