Most of the Total Income Earned in the U

question 113

Multiple Choice

Most of the total income earned in the U.S. economy is ultimately paid to

• A)households in the form of wages and fringe benefits.
• B)landowners in the form of rent.
• C)landowners in the form of interest.
• D)landowners in the form of profit.

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Definitions:

Agent

An individual or entity authorized to act on behalf of another (known as the principal) in dealing with third parties.

Symbolic Rewards

Non-financial incentives such as recognition, awards, or titles given to acknowledge an individual’s or team's achievements.

Mutual Loyalty

A reciprocal commitment or allegiance between individuals or within a group, fostering trust and support.

Friendship

A close and enduring relationship, marked by feelings of care, respect, admiration, and support between individuals.