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 are not easily measured because they involve various factors such as education, skills, and experience, which are difficult to quantify precisely.

Which of the Following Is NOT True About the Factor