Proprietors' Income Includes All of the Following Except

question 87

Multiple Choice

Proprietors' income includes all of the following except

• A) the income of unincorporated businesses.
• B) the income of all businesses-incorporated and unincorporated.
• C) the income of sole proprietorships.
• D) the income of partnerships.

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Definitions:

Government Policies

Strategies and actions defined by government bodies designed to influence or guide aspects of the economy or social issues.

Quantity And Prices

The relationship in economics between the quantity of goods available (supply) and the price those goods fetch in the market (demand).

Higher Profits

An increase in the amount of money that is left after all operating expenses, taxes, and costs have been subtracted from total revenue.

Resource Suppliers

Entities or individuals that provide the essential inputs required for the production of goods or services.