Question

diffrence between factor income and transfer income​

Answer 1

Answer:

The difference between the two is whether or not the income (payment) received is for rendering productive service. Payment received in exchange for rendering productive service is factor income whereas the one received without providing any service (or good) in return is transfer income.

Explanation:

MARK ME BRAINLIEST

Answer 2

Explanation:

The difference between the two is whether or not the income (payment) received is for rendering productive service. Payment received in exchange for rendering productive service is factor income whereas the one received without providing any service (or good) in return is transfer income.