According to the functional distribution of income,in Australia
A) the income earned by capital and labour are approximately equal.
B) entrepreneurs earn most of the income.
C) capital earns most of the income.
D) labour earns most of the income.
E) land earns most of the income.
Correct Answer:
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Q48: Which factor of production is paid 'interest'?
A)Human
Q49: The personal distribution of income in Australia
Q50: The owners of the resource _ are
Q51: In Australia,the poorest 20 per cent of
Q52: One of the productive resources is capital.Capital
Q54: Entrepreneurship,as a factor of production,refers to
A)the technology
Q55: The productive resource that organises labour,land and
Q56: The functional distribution of income measures which
Q57: A newspaper printing press is an example
Q58: The majority of the income earned in
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