A stand of redwood trees is not an example of a factor of production but the harvested and processed redwood is a factor of production

Developing countries send their best students to get an education in developed countries to help develop

A) better political skills. B) more education people. C) a skilled work force. D) a channel of communications.

The derived demand for borrowed funds has the characteristic negative slope of any demand curve

a. True b. False Indicate whether the statement is true or false