Which of the following items is not a factor of production?
A) labor
B) land
C) capital
D) money
Correct Answer:
Verified
Q55: The two loops in the circular-flow diagram
Q56: A circular-flow diagram is a model that
A)helps
Q57: The circular-flow diagram is a
A)visual model of
Q57: Which of these statements about economic models
Q69: Factors of production are
A)the mathematical calculations firms
Q74: In the simple circular-flow diagram,
A)households own the
Q81: In the circular-flow diagram,
A)firms are buyers in
Q94: In the circular-flow diagram,
A)factors of production flow
Q174: In constructing models,economists
A) leave out equations,since equations
Q214: Another term for factors of production is
A)inputs.
B)output.
C)goods.
D)services.
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