Most of the total income earned in the U.S. economy is ultimately paid to
A)households in the form of wages and fringe benefits.
B)landowners in the form of rent.
C)landowners in the form of interest.
D)landowners in the form of profit.

Question

Quizplus · Accepted Answer

The majority of income in the U.S. economy is paid out to households in the form of wages and fringe benefits earned by employees. While landowners, investors, and entrepreneurs may also earn income from factors of production such as rent, interest, and profit, these amounts are generally smaller in comparison to the overall income earned by households. Therefore, choice A is the best answer.

Most of the Total Income Earned in the U