Which of the following is the endowment of the wage labor household?

Question

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The endowment of the wage labor household is both their non-labor income and total time available. Non-labor income includes any income earned from sources other than wage labor, such as investments or rental property. Total time available includes all the hours in a day or week that the household members have available to allocate between wage labor and other activities. Labor income, on the other hand, is the income earned specifically from wage labor.

Which of the Following Is the Endowment of the Wage