menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 2
  4. Exam
    Exam 2: Resource Utilization
  5. Question
    The Main Reason Our Standard of Living Is So Much
Solved

The Main Reason Our Standard of Living Is So Much

Question 144

Question 144

Multiple Choice

The main reason our standard of living is so much higher than that of India and China is that we have more


A) land.
B) labor.
C) capital.
D) money.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q139: Which of the following statements about the

Q140: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -Which of the

Q141: The opportunity cost of owning a car

Q142: Our nation<br>A)has sometimes attained productive efficiency.<br>B)usually attains

Q143: When business firms get to be too

Q145: Unlimited wants need not be a problem

Q146: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -In 1944 the

Q147: Unemployment means<br>A)the same as underemployment.<br>B)a recession.<br>C)slow economic

Q148: The central fact of economics is<br>A)production.<br>B)distribution.<br>C)equilibrium.<br>D)efficiency.<br>E)scarcity.

Q149: If our nation is operating at full

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines