An income is measured as all money received, including gifts, in the course of a year. an amount spent in one week’s time. an amount received in a specific period: weekly, biweekly, or yearly. all money saved during a year’s time.

As all money recieved, including gifts, in a course of a year

The answer is: As all money recieved, including gifts, in a course of a year

Income could be broadly defined as the raw increase in money that you receive within one financial period. From that raw amount, not all of them would be taxable. The expendables that you need to make in order to obtain those income would most likely can be written off as operational expense.

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manifest functions are the recognized and intended consequences of any social pattern, while latent functions are those unrecognized and unintended consequences. to analyze the manifest functions of any social institution, we have to study its contribution to the continuation of a group, community, or society.