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What is difference between Factor Income …

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What is difference between Factor Income and Transfer Income? Explain with example...???
  • 2 answers

Rubal Agnihotri 1 year, 11 months ago

Factor incomes are earned incomes .These are the income earned in return if rendering factor services.while transfer incomes are unearned incomes. These incomes are not earned for rendering some factor services.

Vishesh Goyal 2 years, 2 months ago

Factors income is earned income whereas transfer income is unearned income
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