What is the difference between factor income and transfer income?
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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 isfactor income whereas the one received without providing any service (or good) in return is transfer income.
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frd
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 isfactor income whereas the one received without providing any service (or good) in return is transfer income.
hope it's helpful to you mark me as brainliest pls
frd
viviankamal200p8v7xi:
thank u
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