Imagine That an Upward Sloping Line Is Depicted in a Graph

question 74

Multiple Choice

Imagine that an upward sloping line is depicted in a graph with income per week on the y- axis and hours worked per week on the x- axis. The slope of the line in the graph depicts the:

• A) the total monthly income of the worker.
• B) hourly wage of the worker.
• C) minimum wage of the worker.
• D) increase in income earned by the worker per every year of service.

---

Definitions:

Invested

The act of allocating resources, usually money, to generate an income or profit.

Compounded Monthly

The process where interest is calculated and added to the principal sum of an investment or loan on a monthly basis.

Contributions

Payments or services provided by individuals or organizations towards a common goal or benefit.

Initial Deposit

The first sum of money placed into an account or investment.