The 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.
- Why Germany Is the Driving Force in the EurozoneWhen you hear about how the eurozone is struggling economically, news reports often ask: What does Germany think or what is Germany doing? You may wonder why Germany is so important for the eurozone. The simple answer: Germany is the biggest economy of the 19 nations that use the euro as their currency, and that makes stalwart Germany the driving engine in the European Union.