Part of the Reason That People Confuse Money and Income

question 103

Multiple Choice

Part of the reason that people confuse money and income is because

• A)money is tangible, but income is intangible.
• B)money serves as the unit of account.
• C)money is abstract, but income is concrete.
• D)income is almost impossible to measure.

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Definitions:

Gender Gap in Earnings

The disparity between women's and men's earnings, often measured as the ratio of women's to men's median annual earnings among full-time, year-round workers.

Decreased

signifies a reduction in size, quantity, quality, or intensity of a particular entity or phenomenon.

Canadian

Relating to Canada, its inhabitants, their culture, or distinctive qualities.

1967

A year marked by significant global and historical events, including the Six-Day War in the Middle East and the Summer of Love in San Francisco.