Question : Income generated by own account workers and unincorporated enterprises is known as ________.
Option 1: Operating surplus
Option 2: Rent
Option 3: Mixed income
Option 4: Royalty
Answer (1)
23rd Jan, 2024
Correct Answer: Mixed income
Solution :
Income generated by own account workers and unincorporated enterprises is known as mixed income.
For example- Income of a doctor running a clinic at his residence.
Hence, Option C is correct.
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