When Computing National Income,which of the Following Is Included in Compensation

question 39

Multiple Choice

When computing national income,which of the following is included in compensation of employees?

• A) wages and salaries paid to employees
• B) employers' contributions to Social Security and employee benefit plans
• C) the monetary value of fringe benefits,tips,and paid vacations
• D) all of the above

---

Definitions:

Highly Accurate

Describes a measurement or result that is extremely precise and close to the true value.

Retrieval Cues

Stimuli or signals that help recall memories and information from the brain.

Rote Rehearsal

A method of learning through continuous repetition, often without comprehension of the content, reinforcing memory retention.

Long-Term Memory

A type of memory responsible for the storage of information for an extended period, ranging from a few minutes to a lifetime.