Factor share

From CNM Wiki
Revision as of 15:02, 2 July 2020 by Kainat9 (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search
  • Factor share is the proportion of total income being paid to a factor of production.

Definition

According to Macroeconomics by Mankiw (7th edition),

Factor share. The proportion of total income being paid to a factor of production.
Retrieved from "https://wiki.cnmcyber.com/w/index.php?title=Factor_share&oldid=50246"