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Factor Income

Economics

What are the rewards for factors of production?

Updated on April 9, 2022 · By Ahmad Nasrudin Tag: Factor Income, Factors of Production

What are the rewards for factors of production

Suppliers of factors of production are rewarded or compensated, which varies depending on what factors they supply. If we add up, we know the compensation as a factor income. If it is calculated for all economic actors in an economy, it is national

Tag: Factor Income, Factors of Production

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