Which of the following consists of wages earned from work, plus dividends and interest on investments along with rents and royalties?
A) investments
B) wealth
C) income
D) profits

Question

Quizplus · Accepted Answer

Income consists of wages earned from work, plus dividends and interest on investments along with rents and royalties. Investments (A) refer to the assets acquired with the hope of generating income or appreciation in the future. Wealth (B) is the total value of assets owned, including investments, real estate, and personal property. Profits (D) refer to the money a company earns after deducting expenses from its revenue.

Which of the Following Consists of Wages Earned from Work