ECONOMICS
Multiple Choice
Raghib teaches mathematics at Camford University and receives $40,000 per year. His spouse, Noraini, works as a self-employed computer programmer and charges $40 per hour. Which of the following is true?
a.Raghib's income is personal interest; Noraini's is wages
b.Raghib's income is a salary; Noraini's is personal interest
c.Both Raghib and Noraini receive proprietor's income
d.Both Raghib and Noraini receive wage or salary income
e.Raghib's income is a salary, and Noraini's income is a proprietor's income
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