According to the Functional Distribution of Income, in the United

question 25

Multiple Choice

According to the functional distribution of income, in the United States

• A)land earns most of the income.
• B)the income earned by capital and labor are approximately equal.
• C)capital earns most of the income.
• D)labor earns most of the income.
• E)entrepreneurs earned most of the income.

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Definitions:

Binding Requirement

A legal or formal obligation that parties must adhere to.

Undue Influence

The excessive pressure or influence exerted by one person over another to persuade or coerce them into making decisions that may not be in their best interest.

Contracting Parties

Entities entering into a contractual agreement, thereby accepting mutual obligations.

Criminal Prosecution

The process by which a person is charged, tried, and possibly convicted of committing a crime, undertaken by the state.