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O-LevelEconomicsThe basic economic problem2281/11 · May/June 2011 · Q21 Mark

Each of the factors of production earns an income. What are the incomes for land and capital?

Arent, interest

Brent, profit

Cwages, interest

Dwages, profit

✓ Correct answer

A: rent, interest

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About this question

Topic: The basic economic problem, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2011 Paper 1 Variant 1, question 2.

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