Question 1
Property income takes the form of
◦ transfer payments.
◦ wages and salaries.
◦ profits, interest, dividends, and rents.
◦ compensating differentials.
Question 2
The $1,000 you earned last year on your money market fund is an example of
◦ property income.
◦ transfer income.
◦ inheritance income.
◦ human capital income.