Which of the Following Would Not Be Included as Part

question 14

Multiple Choice

Which of the following would not be included as part of personal income?

• A)Welfare benefits
• B)Food stamps distributed by the government
• C)Social security benefits
• D)Indirect business taxes
• E)Corporate dividend payments to stockholders

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Definitions:

Sign

To write or use a symbol, like one's name, on a document as a way of acknowledging or agreeing to its terms.

Deposits

Sums of money placed in accounts within financial institutions or as security for contracts, which might earn interest over time.

Indorsement

A signature or instruction written on the back of a negotiable instrument, such as a check, transferring ownership or specifying some other transaction.

Bank

A financial institution licensed to receive deposits and provide loans to individuals and businesses.