Which of the Following Is Not a Reason for a Private

question 17

Multiple Choice

Which of the following is not a reason for a private not-for-profit to generate a surplus?

• A) Retiring debt
• B) Establishing working capital
• C) Expanding facilitie
• D) All of the above are legitimate reasons

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Definitions:

Living Wage

A wage level that enables an employee to afford a basic but decent standard of living, considering the cost of living in their area.

Basic Needs

Essential requirements for human survival and well-being, such as food, water, shelter, and safety.

Minimum Wage

The lowest legal salary that workers can be paid by employers, set by government policy to ensure a basic standard of living for employees.

Protectionism

An economic policy aimed at restricting imports from other countries through tariffs and quotas to protect domestic industries.