Goods and services are produced by using four factors of production:
A) land, labor, capital, and money.
B) land, labor, capital, and entrepreneurship.
C) land, labor, money, and equipment.
D) natural resources, human resources, financial assets, and entrepreneurial resources.
E) labor, human capital, physical capital, and financial capital.
Correct Answer:
Verified
Q112: Items bought by individuals to provide personal
Q113: Q114: Which of the following correctly lists the Q115: The richest 20 percent of individuals in Q116: Capital is a factor of production. Which Q118: Human capital can be increased through Q119: Most of the world's population lives in Q120: Poland is classified as Q121: -------------economies include -------------. Q122: State and local governments spend about-------------------- of
A)decreases in
A)emerging
A)a transition economy.
B)an advanced
A)Developing; China and Poland
B)Developing; Poland
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