CBSE BOARD XII, asked by bsmohali7, 11 months ago

Sum total of factor payments equals?

Answers

Answered by jiya551400
16

Answer:

The sum of the factor payments in an economy is also known as National Income.

Explanation:

hope this helps

plz mark as brainliest answer

Answered by singlegirl786
3

Answer:

A measure of GNP as the sum of all factor payments is obtained by summing all the incomes in the economy. The income people receive takes one or more of the following forms: Income from employment (wages, salaries, and bonuses) Income from savings (interest and dividends).

Hope it's help you

Similar questions