List three distinct types of resources
What will be an ideal response?
Natural and Biological Resources, Human Resources (labor), Manufactured Resources (capital)
Economics
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The time value of money can be best described as
A) a dollar today is worth more than a dollar tomorrow. B) the basis on which net present values are calculated. C) the basis on which internal rates of return are calculated. D) All of the above
Economics
A country's level of productivity determines its
a. productivity growth rate. b. rate of population growth. c. current standard of living. d. future income potential.
Economics