QUESTION IMAGE
Question
match the vocabulary words below with their definition. this is an ungraded exercise that will help you familiarize with words and concepts we will learn in this module.
descriptions
what an individual receives usually in exchange for providing a good or service or through investing capital. generally received in the form of money
business income after expenses and taxes are paid
the money earned from selling an asset such as stocks, bonds, real - estate, and property
the wide variety of career choices available in the workforce
the amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a certain place and time period
answers
choices
income
earnings
job market
capital gains
cost of living
- The first description matches "Income" as it describes what one gets for goods, services or investment, usually in money form.
- Business income after expenses and taxes is "Profit", but "Earnings" here might be a less - accurate but related term. In a more precise context, profit is the correct term, but since "Earnings" is given as an option, it can be considered as a broad match for business income left after outlays.
- Money from selling assets like stocks, bonds etc. is "Capital Gains".
- The wide variety of career choices in the workforce is the "Job Market".
- The amount of money for basic expenses like housing, food etc. is the "Cost of Living".
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- Income
- Earnings
- Capital Gains
- Job Market
- Cost of Living