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Download File: https://globalyouth.wharton.upenn.edu/wp-content/uploads/glossary_videos/HouseholdIncome.mp4?_=4The combined gross income of all the members of a household who are 15 years old and older. Individuals do not have to be related in any way to be considered members of the same household. Alternatively, household income is the combined income of all members of a household who jointly apply for credit. The Brown’s household income increased significantly in the past few years, due to the Brown’s children entering the workforce.
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