The Functional Distribution of Income Measures Which of the Following

question 183

Multiple Choice

The functional distribution of income measures which of the following?

• A)The distribution of earnings by the factors of production.
• B)The distribution of income among nations.
• C)The distribution of income among households.
• D)How federal tax revenues are related to the business function that employs taxpayers.
• E)The proportion of income generated by the four types of expenditures on goods and services.

---

Definitions:

Conglomerate Merger

A merger between companies operating in unrelated business activities, often aimed at diversification and risk management.

Noncompeting Firms

Businesses operating in different markets or sectors and thus do not compete directly with each other for customers.

Unrelated Goods

Products that are not associated or commonly linked together in the context of production, use, or consumption.

Sherman Act

A foundational antitrust law in the United States that prohibits monopolistic practices and promotes competition.