Economy, asked by tm3460981, 8 months ago

tax is an factor income

Answers

Answered by bodareddy878

0

Explanation:

yes it is an factor income

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Answered by kanchanjaiswalucr

1

Answer:

Factor income is income received from the factors of production: the inputs used in the production of goods or services in order to make an economic profit. Factor income on the use of land is called rent, income generated from labor is called wages, and income generated from capital is called profit.

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