In what form is most of the total income earned in the Canadian economy ultimately paid to households

Question

Quizplus · Accepted Answer

Most of the total income earned in the Canadian economy is paid to households in the form of wages. This includes salaries, hourly wages, and other forms of compensation for work done by individuals employed in various industries across the country. While profits and interest may also contribute to household income in some cases, wages are by far the most common source of income for Canadian households. Government transfers such as social assistance and other benefits are also an important source of income for some households, but they are typically a smaller share of total income compared to wages.

In What Form Is Most of the Total Income Earned