Personal Income Equals

question 45

Multiple Choice

Personal income equals:

• A) net national product plus income earned but not received plus income received but not earned.
• B) wages and salaries plus net interest income plus transfer payments.
• C) national income minus income earned but not received plus income received but not earned.
• D) factor incomes received for supplying factors of production plus income received but not earned.

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Definitions:

Prostitutes

Individuals who engage in sexual activities with others in exchange for money or goods.

Mutual Concern

A shared interest or care among individuals or groups towards each other's well-being or interests.

Commuter Marriages

Marital relationships where the spouses live apart in different geographical areas, often for job commitments, but maintain their marriage.

Face-To-Face Contact

Direct, in-person interaction between two or more people, without the mediation of any technology.