Question

Select the items that increase personal income.

Answer 1

Answer:

wages and allowance

Explanation:

Personal income include all those thing that increase the individual income.

Items like wages and allowance are among those who directly increase the income. wages include salary. If an individual has high salary it directly influence the salary. higher the salary higher will be the income. Allowance include rent allowance, food allowance, transport allowance. Thus by gaining all these allowance increase the personal income.

while on other side rent subsidy and earned income tax credit are not the part of income. It can be taken as Concession.

Answer 2

The first two items increase income.

Wages, of course, are something directly associated with income. The higher the salary, the higher the income. The allowance, in turn, is an increase that occurs eventually in the income of workers protected by the Law.

The subsidized rent and the credit to the Income Tax received do not increase the income of the citizen, but decrease the expenses that the citizen would have with rent and with income tax.