Factors That Explain the Differences Between National Income and Personal

question 12

Multiple Choice

Factors that explain the differences between National Income and Personal Income include all of the following,except one.Which is the exception?

• A)Social Security contributions paid by employers
• B)corporate income taxes
• C)undistributed corporate profits
• D)government and business transfers
• E)indirect business taxes

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.