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Which of the Following Are Included in Interest Income

question 210

Multiple Choice

Which of the following are included in interest income?
I.payments made for the use of land
Ii.income paid to households for loans they make
Iii.payments made by households for their borrowing


Definitions:

Unused Capacity

The difference between a company's actual production and its maximum potential production if all resources were fully utilized.

Capacity

The maximum level of output that a company can sustain to produce in a given period under normal circumstances.

Machine-Hours

Machine-hours refer to the total time that machinery is in operation, often used as a basis for allocating manufacturing overhead costs.

Unused Capacity

The portion of a company's production capability or resources that is not currently being utilized to generate revenue or output.

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