Which of the Following Is an Income Number

question 162

Multiple Choice

Which of the following is an income number?

• A) M₁
• B) M2
• C) GDP
• D) cash

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Definitions:

Marx And Engels

The founders of Marxist theory, Karl Marx and Friedrich Engels, were thinkers and authors who laid the groundwork for the ideology of communism.

Working Class

A socio-economic group comprising individuals in manual labor occupations or low-skilled workers, often receiving hourly wages.

Agricultural Workers

Individuals engaged in various forms of agricultural labor, including farming, crop cultivation, and livestock management, typically in a rural setting.

Factory Owners

Individuals or entities that own manufacturing facilities where goods are produced through the use of machinery and labor.