Of All the Payments Made to Factors of Production in the United

question 108

Multiple Choice

Of all the payments made to factors of production in the United States in 2013, ____ received the lowest share.

• A)land rents 
• B)labor 
• C)interest payments 
• D)corporate profits

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Definitions:

Turkey

A country located at the crossroads of Europe and Asia known for its historical heritage, or a domesticated bird often raised for its meat.

Mashed Potatoes

A dish commonly made by boiling and then mashing potatoes, often seasoned or mixed with milk and butter.

Exercise

Physical activity that is planned, structured, and repetitive for the purpose of conditioning any part of the body.

Budget Line

All the consumption bundles available to a consumer who spends all of his or her income.