What is considered a wage?(1 point)

Question

Responses

Any amount paid to someone for any reason.
Any amount paid to someone for any reason.

An annual amount agreed upon in advance paid to a full-time employee to perform a role regardless of time spent.
An annual amount agreed upon in advance paid to a full-time employee to perform a role regardless of time spent.

A fixed amount paid per completion of a unit of a good.
A fixed amount paid per completion of a unit of a good.

A fixed amount paid per period of time spent working.

Answer 1

The most accurate definition of a wage from the options provided would be:

A fixed amount paid per period of time spent working.

Wages typically refer to compensation received by an employee based on the amount of time they work, such as hourly pay.