Luigi owns and operates a small restaurant. The income he receives from the restaurant is classified as

a. saving
b. proprietor's income
c. wages and salaries
d. rental income
e. dividends

B

Economics

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In a put options contract, the

A) seller has the obligation to receive the instrument at a specified time. B) buyer has the obligation to deliver the instrument at a specified time. C) buyer has the obligation to receive the instrument at a specified time. D) seller has the obligation to deliver the instrument at a specified time.

Economics

An advantage of a negative income tax is that there are no disincentives to earning additional income

a. True b. False

Economics