{"id":51568,"date":"2024-04-15T23:26:42","date_gmt":"2024-04-15T23:26:42","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=51568"},"modified":"2024-04-15T23:26:42","modified_gmt":"2024-04-15T23:26:42","slug":"in-economics-distribution-means","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/in-economics-distribution-means\/","title":{"rendered":"In economics, distribution means"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Distribution of labour&#8221; option2=&#8221;Distribution of Income among factors of production&#8221; option3=&#8221;Distribution of capital among the three sectors of economy&#8221; option4=&#8221;Distribution of goods among consumers&#8221; correct=&#8221;option2&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>B. Distribution of Income among factors of production<\/strong><\/p>\n<p>In economics, distribution refers to the way in which income is divided among the factors of production: land, labor, and capital. The distribution of income is determined by a number of factors, including the productivity of the factors of production, the bargaining power of workers and employers, and government policies.<\/p>\n<p>Option A is incorrect because it refers to the distribution of labor, which is not the same as the distribution of income. The distribution of labor refers to the way in which workers are divided among different occupations and industries.<\/p>\n<p>Option C is incorrect because it refers to the distribution of capital, which is not the same as the distribution of income. The distribution of capital refers to the way in which capital is owned and controlled.<\/p>\n<p>Option D is incorrect because it refers to the distribution of goods, which is not the same as the distribution of income. The distribution of goods refers to the way in which goods are made available to consumers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Distribution of labour&#8221; option2=&#8221;Distribution of Income among factors of production&#8221; option3=&#8221;Distribution of capital among the three sectors of economy&#8221; option4=&#8221;Distribution of goods among consumers&#8221; correct=&#8221;option2&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-51568","post","type-post","status-publish","format-standard","hentry","category-economics","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>In economics, distribution means<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/in-economics-distribution-means\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In economics, distribution means\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Distribution of labour&#8221; 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