Which of the following statements about inputs is correct?

a. A forest is an example of a natural resource; it is also an example of a renewable resource.
b. There is no distinction between human capital and technological knowledge.
c. Human capital is a non-produced factor of production.
d. Physical capital is a non-produced factor of production.

a

Economics

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"Regulations do not always have the intended result." Do you agree or disagree? Why?

What will be an ideal response?

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Which of the following Gini ratios would indicate the least amount of income inequality?

A. 0.20 B. 0.40 C. 0.60 D. 0.80

Economics