Final answer:
Income refers to earnings from work or investments and is a function of resources or assets owned in a market economy. Option a
Step-by-step explanation:
In a market economy like the United States, income comes from ownership of the means of production: resources or assets. More precisely, one's income is a function of two things: the quantity of each resource one owns, and the value society places on those resources.
Your labor income depends on how many hours you work and the wage rate an employer will pay you for those hours. At the same time, some people own real estate, which they can either use themselves or rent out to other users.
Some people have financial assets like bank accounts, stocks and bonds, for which they earn interest, dividends or some other form of income. option a