Which of the Following Is an Example of Nonlabor Income

question 132

Multiple Choice

Which of the following is an example of nonlabor income?

• A) proprietors' income
• B) wages
• C) inheritance
• D) a month-pay bonus

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Definitions:

Assimilation

The cognitive process by which new information is interpreted or transformed to fit into existing knowledge or schemas.

Substitution

Substitution in behavior refers to the process of replacing one activity or stimulus with another, often seen in coping strategies.

Cognitive Development

The development of cognitive processes such as memory, problem-solving abilities, and making decisions, starting in childhood and progressing through teenage years into adult life.

Piaget

Refers to Jean Piaget, a Swiss psychologist known for his pioneering work in developmental psychology and his theory of cognitive development in children.