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Which of the Following Statements About Factors of Production Is

Question 263

Multiple Choice

Which of the following statements about factors of production is the most accurate?


A) The five factors of production are energy, capital, labor, leadership, and money.
B) Wealth creation in poor nations is slowed by chronic shortages of labor.
C) Each of the factors of production is equally important in creating wealth.
D) Entrepreneurship and knowledge are the most important in creating wealth.

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