What is factor income
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Posted by Pooja Singh 5 years, 6 months ago
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Meghna Thapar 5 years, 6 months ago
Factor income is income we receive from at least one of the four factors of production. ... Gifts, subsidies, and donations, for example, belong to the transfer income category. According to Wikipedia: “Factor Income is income derived from selling the services of factors of production.”
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