Market income is
A) profit earned in factor markets.
B) interest earned in factor markets.
C) wages, interest, rent, and profit earned in factor markets.
D) wages, interest, rent, and profit earned in factor markets plus cash payments made to households by government.
Correct Answer:
Verified
Q9: In the United States, the median household
Q10: The mean household income is
A) the income
Q11: Market income is
A) wage, interest, rent, and
Q12: As a tool that is used to
Q13: The income distribution in the United States
Q15: In the United States
A) there are more
Q16: Mode income is
A) the most common income.
B)
Q17: The "mode" household income is
A) the income
Q18: In the United States the richest 20
Q19: Money income is
A) market income plus cash
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