1. Households derive their incomes from three basic sources: (1) from wages or salaries received in exchange...
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1. Households derive their incomes from three basic sources: (1) from wages or salaries received in exchange for labor (about 63 percent), (2) from property such as capital and land (about 28 percent), and (3) from government (about 9 percent).
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Related Book For 
Principles Of Microeconomics
ISBN: 9780691150093
13th Global Edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
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