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A Person's Labor Income Is Equal to the __________ Times

Question 72

Multiple Choice

A person's labor income is equal to the __________ times __________. The return on savings that a person receives is referred to as __________.


A) wage rate a person earns; number of hours the person works; transfer income
B) wage rate a person earns; number of hours the person works; asset income
C) price divided by number of units sold; number of hours worked; liabilities income
D) wage rate a person earns; number of hours the person works; labor income
E) annual salary a person earns; number of days a year the person works; asset income

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