Which statement is NOT true about the factor distribution of income?
A) It is the division of total income among labour,land,and capital.
B) Labour receives the bulk of the income in the modern Canadian 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 as human capital includes a person's skills, knowledge, and education which are difficult to quantify and measure.

Which Statement Is NOT True About the Factor Distribution of Income