ECONOMICS (CBSE/UGC NET)

ECONOMICS

HUMAN CAPITAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the money called that you earn from doing a job?
A
Income
B
Credit
C
Interest
D
Purchase
Explanation: 

Detailed explanation-1: -A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.

Detailed explanation-2: -earnings Add to list Share. Earnings are the amount of money you make from doing a job. You’ll be a lot more excited about babysitting when you learn your earnings will be more than generous. Most earnings come from work that you’ve done, although money you earn from an investment can also be called earnings.

Detailed explanation-3: -Earned or Active Income. What it is: Earned or Active income is the most common way that people are taught to make money. Portfolio or Investment Income. Passive Income. Inherited Income.

Detailed explanation-4: -Wages. This is income you earn from a job, where you are paid an hourly rate to complete set tasks. Salary. Similar to wages, this is money you earn from a job. Commission. Interest. Selling something you create or own. Investments. Gifts. Allowance/Pocket Money. More items

There is 1 question to complete.