Dividing the nation's income among the factors of production,the largest percentage is paid to
A) labour.
B) labour and capital,with each receiving about 41 per cent of the total income.
C) land.
D) capital.
E) entrepreneurship.
Correct Answer:
Verified
Q61: The income earned by entrepreneurs is
A)interest.
B)profit or
Q62: _ is the human resource that organises
Q63: Human capital is
A)the knowledge humans accumulate through
Q64: The personal distribution of income shows
A)that labour
Q65: Which of the following correctly lists the
Q67: Goods and services produced in Australia and
Q68: In economics,the factor of production 'land' includes
Q69: Compared to the world,the rate of Australian
Q70: The richest 20 per cent of individuals
Q71: When Ethan continues his education beyond high
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents