Which of the following statements is false?
A) To an economist,the resource land includes natural resources such as minerals,forests,water and unimproved land.
B) To an economist,the resource capital consists of unproduced goods that can be turned into produced goods.
C) To an economist,the resource labor consists of the physical and mental talents people contribute to the production process.
D) To an economist,the resource entrepreneurship refers to a particular talent that some people have for organizing the resources of land,labor,and capital to produce goods,seek new business opportunities,and develop new ways of doing things.

Question

Quizplus · Accepted Answer

Resource capital consists of produced goods that can be used to produce other goods, while unproduced goods are called natural resources and fall under the category of resource land.

Which of the Following Statements Is False