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question 4

Multiple Choice

Directions: Choose the best answer based on the information you read in Chapter Twenty.
A(n) _______________ is a verb that connects the subject with a noun, pronoun, or adjective in the predicate.


Definitions:

Budget Equation

An equation that represents the relationship between income, savings, and expenses.

Leisure

Time that an individual can spend at their discretion rather than working, often used in economic models to discuss trade-offs between work and free time.

Nonlabor Income

Income received that is not earned from direct labor or employment, such as dividends, interest, or rental income.

Wage Rate

The amount of money paid to employees for their work or services, often expressed per hour or year.

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