The Key to the Equality of Output and Income Is

question 32

Multiple Choice

The key to the equality of output and income is:

• A)employee compensation.
• B)profit.
• C)business taxes.
• D)transfer payments.

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Definitions:

American Values

A set of ideals and principles that are often associated with American society, including liberty, democracy, individualism, and equality.

Exploited

The act of using someone in an unfair manner for one's own advantage, especially in the context of labor.

Early 1900s

A historical period marked by significant social, economic, and technological changes, approximately from 1900 to 1910.

American Federation of Labor

A historic national federation of labor unions in the United States, known for focusing on skilled workers and collective bargaining.