The personal distribution of income measures which of the following?
A) The distribution of earnings by the factors of production.
B) How federal tax revenues are related to the type of businesses that employs the taxpayers.
C) The distribution of income among households.
D) The distribution of income among nations.
E) The proportion of income generated by the four types of expenditures on goods and services.
Correct Answer:
Verified
Q20: Over time, the percentage of total employment
Q21: The income earned by entrepreneurs is
A) wages.
B)
Q22: The total value of capital in Australia
Q23: According to the functional distribution of income,
Q24: Which factor of production is paid 'interest'?
A)
Q26: The personal distribution of income in Australia
Q27: In Australia, the poorest 20 per cent
Q28: The richest 20 per cent of individuals
Q29: Goods and services produced in Australia and
Q30: Entrepreneurship, as a factor of production, refers
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