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natka813 [3]
4 years ago
10

__________________ is the income (wages and other ""earned"" and ""un-earned"") that Households receive before income taxes are

taken out..
Business
1 answer:
vredina [299]4 years ago
6 0

Answer:

Personal Income

Explanation:

Personal income represents the totality of income an household or an individual receives. It can also be called the collective compensation an individual receives and this amount is subject to tax.

The component of an household's presonal income include income for various sources. Earned sources include; wages, salaries or any other compensation from either self-employment or employment with another company or oganisation. Un-earned income include distributions and interests and dividends most received from investments, income from rental of real estates and any profit received as a result of being part of a business.

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The transactions completed by Franklin Company during January, its first month of operations, are listed below. Assume that Fran
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4 years ago
The country of Lilliput has low unemployment and high consumer spending, and small businesses are thriving. However, prices are
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3 years ago
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