The Data Show That More Than 60 Percent of the Total

question 143

Multiple Choice

The data show that more than 60 percent of the total income earned in the United States goes to

• A) labor.
• B) land.
• C) capital.
• D) entrepreneurship.
• E) profit.

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Definitions:

Cash Balance

The total amount of money, in cash or cash equivalents, that an individual or entity has at any given time.

Interest Payment

The amount paid to a lender by a borrower for the use of borrowed money, usually expressed as an annual percentage of the principal.

Accounts Receivable Collections

The process of pursuing and collecting payments from customers or clients who have outstanding balances or invoices.

Receivables

Receivables from clients to an enterprise for products or services that have been dispensed or used, but whose payments are pending.