Multiple Choice
Which of the following are factors of production?
(i) Land
(ii) Interest
(iii) Labour
(iv) Raw materials
(v) Rent
(vi) Wages
(vii) Profit
(viii) Capital
A) (iii) , (v) , (vi) and (vii)
B) (iii) , (iv) and (viii)
C) (ii) , (iii) , (iv) and (vi)
D) (i) , (ii) , (iv) and (viii)
E) (i) , (iii) , (iv) and (viii)
Correct Answer:

Verified
Correct Answer:
Verified
Q36: A study of whether or not employers
Q37: The cut in VAT to tackle the
Q38: The total amount of output in the
Q39: From the point of view of Nissan<sup>TM</sup><sup>,</sup><sup>
Q40: How do economists define unemployment?<br>
Q42: Economists define the rate of inflation as
Q43: Marginal costs are the total costs of
Q44: Suggest some demand- side policies that a
Q45: The problem of scarcity is directly relevant<br>A)
Q46: The total of consumer spending in the