Keeping in mind economists' definition of factors of production, which of the following is NOT a factor of production?

If one dollar buys 10 pesos, then one peso buys ten cents of a dollar

Indicate whether the statement is true or false

Historical note: When the railroad displaced water transport as the principal means of long-distance transportation, it sparked massive investment spending not only in the railroad industry, but in secondary industries such as

a. mining, automobiles, and genetic engineering b. steel, computers, and videocassette recorders c. lumber, construction, and aviation d. construction, steel, housing, and semiconductors e. mining, steel, lumber, and construction