In 1–2 sentences, summarize what expenditures are.

Expenditures refer to money spent by individuals, companies, or governments on goods and services.

In 1–2 sentences, describe how workers earn income.(2 points)

Workers earn income by providing labor or services to employers, who compensate them with wages, salaries, or commissions.

Expenditures refer to the money spent on goods, services, or investments by individuals, organizations, or governments.