Caleb Teaches Economics at Yucky State University and Is Paid

question 186

Multiple Choice

Caleb teaches economics at Yucky State University and is paid $50, 000 per year.He also provides economic forecasts for local business for which he charges $100 per hour.Which of the following is true?

• A)all of Caleb's income is salary
• B)some of Caleb's income is salary and some is personal interest
• C)all of Caleb's income is proprietor's income
• D)some of Caleb's income is salary and some is proprietor's income
• E)all of Caleb's income is personal interest

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