Dividing the Nation's Income Among the Factors of Production,the Largest

question 208

Multiple Choice

Dividing the nation's income among the factors of production,the largest percentage is paid to

• A) labor.
• B) land.
• C) capital.
• D) entrepreneurship.
• E) labor and capital, with each receiving about 41 percent of the total income.

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Definitions:

Obvious Features

Characteristics or aspects of an object or situation that are easily perceived or understood without need for detailed explanation.

Motivation

The reason or reasons one has for acting or behaving in a particular way; the drive to achieve goals.

Performance

A measure of how well an individual, group, or system operates or accomplishes a given task or objective.

Reward

A reward is a benefit, often in the form of goods, services, or recognition, given in response to one's actions, achievements, or behavior as an incentive or acknowledgment.