WHAT DETERMINES THE REVENUE FLOWS RECEIVED BY BUSINESSES?Economists classify energy and water as part of which factor of production? 131)

WHAT DETERMINES THE REVENUE FLOWS RECEIVED BY BUSINESSES?Economists classify energy and water as part of which factor of production? 131)
A) entrepreneurship

131)
Economists classify energy and water as part of which factor of production? 131)
A) entrepreneurship
B) capital
C) land if undeveloped and capital
if developed
D) land
E) labor
132) The income paid to labor is
called 132)
A) profit.
B) human capital.
C) rent.
D) wages.
E) interest.
133)
The most people live in ________ economies and the fewest people live in
________ economies. 133)
A) advanced; developing
B) developing; advanced
C) emerging market; developing
D) developing; emerging market
E) advanced; emerging market
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134) Factors of production are the 134)
A) goods and services produced by the
economy.

B) productive resources used by
government to increase the productivity of consumption.

C) goods that are bought by individuals
and used to provide personal enjoyment.

D) goods that are bought by businesses
to produce productive resources.

E) productive resources used to produce
goods and services.

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135)
The largest component of federal government spending is for 135)
A) prisons.
B) national defense.
C) education.
D) interest on the national debt.
E) Medicare and Medicaid.

Explanation & Answer

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