Exam (elaborations)
Macroeconomics Already Passed Exam Questions and CORRECT Answers
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RESOURCE Anything that can be used to produce something else. There are FOUR "Factors of Production": 1.) LAND - natural resources (mineral, timber, etc.) 2.) LABOR - effort of workers (education) 3.) CAPITAL - manufactured goods used to produce other goods 4.) ENTREPRENEURSHIP - innovation ...
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