Using the Income Approach, What Is the Value of Profits

question 14

Multiple Choice

Using the income approach, what is the value of profits in an economy if total expenditure equals $250 billion, wages $150 billion, rental income $50 billion, and interest $25 billion?

• A) $250 billion
• B) $25 billion
• C) $75 billion
• D) $150 billion

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Definitions:

Silent Sabotage

Covert actions or passive resistance tactics used to undermine or obstruct a process, project, or operation without direct confrontation.

Denmark Vesey

An African-American man who planned a large slave rebellion in Charleston, South Carolina, in 1822 but was betrayed before it could begin.

Work Pace

The speed or rate at which work tasks are performed within a workplace, often influenced by various factors including technology, management practices, and worker motivation.

Underground Railroad

A network of secret routes and safe houses established in the United States during the early to mid-19th century to help enslaved African Americans escape to free states and Canada.