Which of the following would be considered part of a resource endowment?
A) technological knowledge
B) land
C) general knowledge
D) a grade 12 diploma
Correct Answer:
Verified
Q52: Constructing an economic model requires all of
Q53: Institutions are all of the following except:
A)informal
Q54: Institutions exclude:
A)ministry of industry.
B)social customs.
C)the common law.
D)religious
Q55: Cost- benefit analysis:
A)makes sure that the government
Q56: The statement "I will either pass or
Q58: In a pure market economy, the role
Q59: The price support program instituted by the
Q60: When a consumer's own actions cannot attain
Q61: The Pareto criterion selects a social state
Q62: Suppose that an increase in the global
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