Which of the following is not a resource as the term is used by economists?
A) land
B) labor
C) buildings
D) money

Question

Quizplus · Accepted Answer

In economics, resources (or factors of production) include land, labor, and capital (such as buildings and machinery), but money is not considered a resource in this context. Money is a medium of exchange that facilitates trade and is used to value resources, but it is not a resource itself. Resources are inputs used to produce goods and services, whereas money is used to acquire these goods and services.

Which of the Following Is Not a Resource as the Term