In 2015,what Accounted for About 34 Percent of the Aggregate

question 91

Multiple Choice

In 2015,what accounted for about 34 percent of the aggregate income of the older population?

• A)Social Security benefits
• B)personal retirement benefits
• C)money received from family members
• D)income from current employment

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Definitions:

Net Income

The concluding income of a company after removing the costs and taxes from its revenue.

Average Total Assets

The mean value of all the assets a company owns, calculated by adding the beginning and ending total asset balances during a period and dividing by two.

Earnings Activities

Activities that generate income for a business, including operations, sales, and investments.

Revenues

The overall sum of money a company earns from selling products or delivering services over a specific time frame.