The functional distribution of income measures which of the following?
A) The distribution of income among households.
B) The distribution of income among nations.
C) The proportion of income generated by the four types of expenditures on goods and services.
D) The distribution of earnings by the factors of production.
E) How federal tax revenues are related to the business function that employs taxpayers.
Correct Answer:
Verified
Q51: In Australia,the poorest 20 per cent of
Q52: One of the productive resources is capital.Capital
Q53: According to the functional distribution of income,in
Q54: Entrepreneurship,as a factor of production,refers to
A)the technology
Q55: The productive resource that organises labour,land and
Q57: A newspaper printing press is an example
Q58: The majority of the income earned in
Q59: The income paid for the use of
Q60: Which factor of production is paid 'profit'?
A)Labour
B)Entrepreneurship
C)Human
Q61: The income earned by entrepreneurs is
A)interest.
B)profit or
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