Multiple Choice
What is another term for factors of production?
A) inputs
B) outputs
C) goods
D) services
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q165: If an economist develops a theory about
Q166: For economists, what are often used as
Q167: Tim has noticed that increases in unemployment
Q168: In a simple circular-flow diagram, the two
Q169: In the simple circular-flow diagram, who owns
Q171: Suppose an economy produces two goods: clothes
Q172: What observation did Albert Einstein once make
Q173: What happens in the markets for factors
Q174: What are the three propositions about which
Q175: Figure 2-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 2-4