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An example of factor payments is
- a)Retirement pension
- b)Employers’ contribution for social security
- c)Old age pension
- d)Unemployees’ contribution for social security
Correct answer is option 'B'. Can you explain this answer?
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An example of factor payments isa)Retirement pensionb)Employers’...
' wages
c)Corporate profits
d)Interest on loans
b)Employers' wages are an example of factor payments. Factor payments refer to payments made to the factors of production, which include labor, capital, land, and entrepreneurship. Employers' wages are payments made to the factor of production, labor, for their contribution to the production process.
c)Corporate profits
d)Interest on loans
b)Employers' wages are an example of factor payments. Factor payments refer to payments made to the factors of production, which include labor, capital, land, and entrepreneurship. Employers' wages are payments made to the factor of production, labor, for their contribution to the production process.
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An example of factor payments isa)Retirement pensionb)Employers’...
Factor Payment:
Examples are rent, wages, interest and profit. Income of land is rent, of labour wages, of capital interest and of enterprise is profit. This also means that in order to earn income, one has to contribute in the production process.
Examples are rent, wages, interest and profit. Income of land is rent, of labour wages, of capital interest and of enterprise is profit. This also means that in order to earn income, one has to contribute in the production process.
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An example of factor payments isa)Retirement pensionb)Employers’ contribution for social securityc)Old age pensiond)Unemployees’ contribution for social securityCorrect answer is option 'B'. Can you explain this answer?
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An example of factor payments isa)Retirement pensionb)Employers’ contribution for social securityc)Old age pensiond)Unemployees’ contribution for social securityCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about An example of factor payments isa)Retirement pensionb)Employers’ contribution for social securityc)Old age pensiond)Unemployees’ contribution for social securityCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An example of factor payments isa)Retirement pensionb)Employers’ contribution for social securityc)Old age pensiond)Unemployees’ contribution for social securityCorrect answer is option 'B'. Can you explain this answer?.
An example of factor payments isa)Retirement pensionb)Employers’ contribution for social securityc)Old age pensiond)Unemployees’ contribution for social securityCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about An example of factor payments isa)Retirement pensionb)Employers’ contribution for social securityc)Old age pensiond)Unemployees’ contribution for social securityCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An example of factor payments isa)Retirement pensionb)Employers’ contribution for social securityc)Old age pensiond)Unemployees’ contribution for social securityCorrect answer is option 'B'. Can you explain this answer?.
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