In Australia,the productive factor that,as a group,receives the largest fraction of the nation's total income is

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Labor is the factor of production that involves the human effort and includes both physical and mental contributions. In Australia, the workforce is highly skilled and specialized which results in greater productivity and higher wages, making labor the factor of production receiving the largest fraction of the nation's total income. Additionally, Australia has a high minimum wage and strong labor laws.

In Australia,the Productive Factor That,as a Group,receives the Largest Fraction