Factor income is income derived from selling the services of factors of production. In the case of labour, this means wages, plus the part of the incomes of the self-employed which is a reward for their own labour. Income from land is rents, including part of the incomes of the self-employed, and part of the imputed incomes of owner-occupiers of h...
Found on
http://en.wikipedia.org/wiki/Factor_income
The total earnings of a factor, thus its factor price times the quantity of factor service that it provides.
Found on
http://www-personal.umich.edu/~alandear/glossary/f.html
No exact match found.
