What are the four basic resources supplied by households?

Question

Quizplus · Accepted Answer

The four basic resources supplied by households are labor, capital, natural resources, and entrepreneurial ability. Option D lists these four resources correctly. Option A includes "intelligence," which is not a fundamental resource in economics. Option B correctly lists natural resources, labor, and entrepreneurial ability but includes "money" instead of "capital" which is a more precise term in economics. Option C includes "intellectual ability" and "physical ability," which are not separate categories of resources but rather fall under the broader categories of labor and natural resources.

What Are the Four Basic Resources Supplied by Households