The sum total of incomes received for the services of labour, land or capital in a country is called:
Sol. The income method of calculating national income takes into account the income generated from the basic factors of production. These include the land, labor, capital, and organization
269 MCQ for effective preparation of the test of Miscellaneous of Economics section.
Read the MCQ statement: The sum total of incomes received for the services of labour, land or capital in a country is called: , keenly and apply the method you have learn through the video lessons for Miscellaneous to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 242-4252.