The Largest Component of National Income Is

question 112

Multiple Choice

The largest component of national income is:

• A) compensation of employees.
• B) corporate profits.
• C) rental income.
• D) proprietor's income.

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Definitions:

Link Method

A memory-aid technique that involves forming a mental association between items in a list to improve recall.

Method of Loci

A mnemonic device that involves imagining placing items to be remembered in specific physical locations or a familiar pathway, enhancing recall.

Acrostics

A form of writing in which the first letter, syllable, or word of each line spells out a word or message.

Materialism

A philosophical viewpoint or personal attitude that places material possessions and physical comfort over spiritual values.