What is the income earned by the factor of production called


Problem

1. Which factor of production earns the highest percentage of total U.S. income? Define that factor of production. What is the income earned by this factor of production called?

2. With more job training and more scholarships to poor American students, which special factor of production is likely to grow faster than in the past?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: What is the income earned by the factor of production called
Reference No:- TGS02115411

Expected delivery within 24 Hours