Which Statement About Incomes Earned by Factors of Production Is

question 164

Multiple Choice

Which statement about incomes earned by factors of production is false?

• A)Land earns rent.
• B)Natural resources earn rent.
• C)Labour earns wages.
• D)Capital earns profit.
• E)Entrepreneurship earns profit.

---

Definitions:

Mental Ability

Refers to the intellectual capability and efficiency of the brain to process information, solve problems and make decisions, analogous to cognitive ability.

Bender Gestalt II

A psychological assessment tool used to evaluate visual-motor integration skills, often used to detect developmental disorders.

Scoring System

A set of criteria used to evaluate performance or outcomes, typically in tests, competitions, or assessments.

Reliability and Validity

Key measures in research and testing, where reliability refers to consistency across time or different observers, and validity measures the accuracy and truthfulness of a test or research finding.