Write any two examples of non factor income
Answers
Answered by
9
Answer:
Non Factor Services refer to all invisible receipts (i.e. receipts/expanses from services, remittances etc) or payments that are not attributable to any of the conventional `factors of production' (i.e labor - say - remittances from overseas migrants and capital - income from investments, interest payments, dividend ...
Answered by
8
Answer:
The nonfactors includes all invisible services like remittances and are not attributable to any of the factors of production like the software, and the BPO and others like the tourism, and insurance etc.
Similar questions