Which of the Following Relates Factors of Production to the Sources

question 85

Multiple Choice

Which of the following relates factors of production to the sources of income correctly?

• A)Land earns interest.
• B)Land earns rent.
• C)Labour earns rent.
• D)Capital earns profit.
• E)Entrepreneurship earns rent.

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Definitions:

Guest Workers

Foreign workers invited to perform needed labour.

Indirect Costs

Expenses not directly tied to the production of goods or services, such as overhead costs in administration, utilities, and marketing.

Transnational Teams

Teams composed of members of multiple nationalities working on projects that span multiple countries.

Multiple Nationalities

The condition of an individual having citizenship in more than one country, typically with associated rights and responsibilities in each.