Multiple Choice
Which statement is NOT true about the factor distribution of income?
A) It is the division of total income among labor,land,and capital.
B) Labor receives the bulk of the income in the modern U.S.economy.
C) The returns to human capital are easily measured.
D) A part of the proprietor's income should be considered wages that the business owners pay themselves.
Correct Answer:

Verified
Correct Answer:
Verified
Q125: Use the following to answer question:<br>Figure: The
Q126: Suppose the labor market for plumbers is
Q127: All perfectly competitive fast-food firms are hiring
Q128: Which factor does NOT partially explain wage
Q129: Which factor is associated with production at
Q131: Use the following to answer question: <img
Q132: If the demand for orange juice increases,the
Q133: To maximize profits,a firm will employ workers
Q134: A wage _ reduces the quantity of
Q135: Suppose that the government increases the child