Choose the correct statement 0 A. Money income equals market income plus cash pa

Question

Choose the correct statement 0 A. Money income equals market income plus cash payments to households by governments. 0 B. Money income equals market income plus inheritances. ° C. Market income equals wages, interest, rent, and profit earned in factor markets minus income taxes plus cash payments received from the government. Money income equals market income minus income taxes. 0 D. The distribution of money income in the United States in 2012 is A. negatively skewed OB. bell shaped O C. positively skewed OD. horizontal straight line

Explanation / Answer

A. Money income equals market income plus cash payments to households by the government.

C. Positively skewed.

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