Earning Income Quiz

2. Which of the following helps to increase earning potential?

• Education

• Training

• Job Specific Certifications

• All of the above

3. The top salary you can make.

• Career

• Productivity

• Earning Potential

• Human Capital

5. High productivity will typically get you positive attention and feedback when you are on a job.

• TRUE

• FALSE

6. Randy earns $22 per hour. This is an example of:

• Wages

• Commission

• Labor

• Salary

Tags

CCSS.7.EE.B.3

8. Earned income is any income earned by:

• Experience

• Getting an eucation

• Working

• Investing Money

9. The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

• Productivity

• Earning potential

• Career

• Human capital

11. The money or other benefits lost when pursuing a particular course of action instead of a mutually exclusive alternative.

• Human capital

• Earning potential

• Career

• Opportunity cost

12. An occupation or profession, especially one requiring special training, followed as one's life work.

• Earning potential

• Career

• Human capital

• Opportunity cost

13. Education, training, and experience are some factors that influence earned income.

• TRUE

• FALSE

14. Julia earns $40,000 per year. This is an example of:

• Wages

• Assets

• Commission

• Salary