Income is generated through the of goods and services. In the United States, __ of all income takes the form of wag

Question

lana66690 [7]

3 years ago

5

Income is generated through the of goods and services. In the United States, __ of all income takes the form of wag

es and salaries. The remaining ______goes to those who own the other factors of production, namely _______ and capital.

Business

1 answer:

Anna [14] · Answer 1 · 2022-08-29T06:13:18+03:00

Answer: please refer to the explanation section

Explanation:

income is Generate through the production of goods and services. in the united states 37.4% of all income takes the form of wages and salaries. the remaining 62.6% goes those who own the other factors of production namely Land and capital.

Share percentages were conducted by Mckinsey Global Institute 2014

https://www.mckinsey.com/featured-insights/employment-and-growth/a-new-look-at-the-declining-labor-share-of-income-in-the-united-states

Income is generated through the ______ of goods and services. In the United States, ________ of all income takes the form of wag

Income is generated through the of goods and services. In the United States, __ of all income takes the form of wag