VAE-0024
QUESTION
In distribution of wealth, rent can be paid to the services of?
OPTIONS
(A) Labour
(B) Organisation
(C) Land
(D) Capital
ANSWER
(C) Land
EXPLANATION
In the functional distribution of income, rent is the reward paid for the use of land or other natural resources. Wages are paid to labour, interest is the return to capital, and profit is associated with organization and entrepreneurship. Therefore, option (C), land, is correct.
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Veterinary and Animal Husbandry Extension Education · 104 Questions
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