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Classify the following as factor income or transfer income:(i) Unemployment allowances.(ii) Salary received by Rakesh from a company.(iii) Financial help to earthquake victims.(iv) Compensation received from the employer.(v) Claim received from Insurance company by an injured worker. (vi) Birthday gift received from a friend.(vii) Bonus received on Diwali. |
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Answer» (VII) BONUS RECEIVED on Diwali Explanation: that is CORRECT answer |
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