Habib teaches mathematics at Camford University and receives $40,000 per year. His spouse, Amal, works as a self-employed computer programmer and charges $40 per hour. Which of the following is true?
A) Habib's income is his personal interest income; Amal's is wages.
B) Habib's income is his salary; Amal's is personal interest income.
C) Both Habib and Amal receive proprietor's income.
D) Both Habib and Amal receive wage or salary income.
E) Habib's income is his salary, and Amal's income is proprietor's income.
Correct Answer:
Verified
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