Examlex
Which of the following statements is false?
Personal Income
The total earnings received by individuals, including wages, salaries, and other forms of income.
Property Income
Income from the ownership of real property and financial holdings. It takes the form of profits, interest, dividends, and rents.
Personal Income
The total amount of income garnered by individuals from all sources before taxes.
Transfer Program
Government initiatives designed to redistribute income across different sectors of the population through mechanisms like welfare benefits or social security payments.
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