Types of Income

It is a certain amount of money paid by the employer to an employee.  

• profit

• wage

• interest

• interest rate

It is commonly paid by hour, day or week.

• salary

• wage

• rent

• interest rate

It is paid on a weekly, bi-weekly or monthly basis

• salary

• wages

• profit

• human capital

It is the income earned from hiring out land and buildings

• interest rate

• interest

• profit

• rent

It is the cost of borrowing money or capital to meet production costs

• interest

• interest rate

• profit

• wage

Interest is calculated in a percentage or rate, known as ____________.

• profit

• interest

• interest rate

• salary

It is the financial gain earned by an individual, business or government

• salary

• profit

• wage

• interest

It is the difference between the amount earned from the sale of goods and services and the costs of production

• salary

• wage

• rent

• profit

It plays an important role in determining one’s income.

• human capital

• capital

• human

• interest

It is the collective knowledge, education, capacity and skills of human beings that contribute towards the production of goods and services.

• human services

• human capital

• capital

• human