Which of the following is not true about the factor distribution of income?
A)It is the division of total income among labor, land, and capital.
B)Labor receives the bulk of the income in the modern U.S.economy.
C)The returns to human capital are easily measured.
D)A part of the proprietor's income should be considered wages that the business owners pay themselves.

Question

Quizplus · Accepted Answer

The returns to human capital, which refers to the skills, knowledge, and experience of workers, can be difficult to measure and may not be accurately reflected in income data.

Which of the Following Is Not True About the Factor