Question

What are the elements of domestic factor income? ​

Answer 1

Answer:

Components of Domestic Income of a Country (3 Components) ADVERTISEMENTS: Three sources of domestic income of a country are: (i) Compensation of employees (ii) Operating Surplus (iii) Mixed income of self-employed.

Answer 2

Answer:

It should be understood that sources of domestic income are (i) income from work (i.e., compensation of employees), (ii) income from property (i.e., operating surplus) and (iii) income from self-employed (i.e., mixed income).