The Functional Distribution of Income Measures Which of the Following

question 65

Multiple Choice

The functional distribution of income measures which of the following?

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

---

Definitions:

Cheques

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a specific individual.

Collection Time

The typical duration required for a company to collect payments due from its clients.

Amounts

Amounts refer to the quantities or sums of money involved in financial transactions or measurements.

Net Present Value

A calculation that compares the value of money now with the value of that money in the future, accounting for inflation and returns.