Earning an Income

Quiz
•
Financial Education
•
7th Grade
•
Medium

Dominique Hoad
Used 7+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The type of income you receive when you act as an agent, or go-between, between consumers and producers:
Commission
Rent
Royalties
Wage
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of income is usually charged by doctors:
Commission
Fee
Rent
Interest
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you receive income after you allow someone to use your property for a specified time, this is known as:
Commission
Fee
Rent
Royalties
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The income received by the ENTERPRISE factor of production is:
wage
interest
rent
profit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The type of income when the money earned from a business is more than the costs of operating it over a period of time is called:
Profit
Commission
Rent
Salary
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Part of a company's profits paid to people who have bought shares in that company are a type of income called:
Profit
Interest
Dividends
Commission
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A singer who releases a new single on the radio will receive what form of income every time the radio plays their song?
Commission
Dividends
Fee
Royalties
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