The Category "Compensation of Employees" Doesn't Capture the Full Income

question 86

Multiple Choice

The category "compensation of employees" doesn't capture the full income of labor because:

• A)it doesn't include the earnings of proprietors.
• B)it doesn't include benefits such as health insurance.
• C)a sizable fraction of it can be attributed to the return on human capital.
• D)it excludes payments in kind that are common in rural areas.

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Definitions:

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Having valid reasons or evidence to support a claim, action, or belief.

Assume

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