Solved

Net Domestic Income at the Factor Cost Refers to The

Question 64

Multiple Choice

Net Domestic Income at the factor cost refers to the:


A) total income earned by Canadian-supplied factors of production as wages, interest, rent and profit.
B) total income earned by foreign-supplied factors of production as wages, interest, rent and profit.
C) total income earned by foreign-supplied and Canadian-supplied factors of production as wages, interest, rent and profit.
D) total income earned by Canadian households.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions