In the circular-flow diagram,which of the following is not a factor of production?
A) labor
B) land
C) capital
D) money
Correct Answer:
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Q63: In the simple circular-flow diagram,households
A)are the only
Q64: A model that shows how dollars flow
Q65: Factors of production are
A)used to produce goods
Q66: In the circular-flow diagram,firms produce
A)goods and services
Q68: Which of the following statements about the
Q69: Factors of production are
A)the mathematical calculations firms
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Q214: Another term for factors of production is
A)inputs.
B)output.
C)goods.
D)services.
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