Money is not an economic resource because: free download. On-line document store on 5y1.org

[DOC File]Chapter 1
https://info.5y1.org/money-is-not-an-economic-resource-because_1_15f5c5.html
Aug 20, 2018 · 67. Money is not considered to be an economic resource because: A. as such it is not productive. B. money is not a free gift of nature. C. the terms of trade can be determined in nonmonetary terms. D. idle money balances do not earn interest income. 68. Which is a factor of production? A. money B. interest C. rent D. capital 69.
chapter 1 macroeconomics quizlet

[DOC File]CHAPTER 1
https://info.5y1.org/money-is-not-an-economic-resource-because_1_c6a6a8.html
9. Money is not considered to be an economic resource because: A. as such it is not productive. B. money is not a free gift of nature. C. the terms of trade can be determined in nonmonetary terms. D. idle money balances do not earn interest income. 10.
in the simple circular flow model quizlet

[DOCX File]f01.justanswer.com
https://info.5y1.org/money-is-not-an-economic-resource-because_1_adf3f7.html
Chapter 1 review questions. Student: _____ 1. Economics is a social science that studies how individuals, institutions, and society may: A) Expand the amount of productive resources available to themB) Attain a minimum level of unemploymentC) Best use scarce resources to achieve the maximum satisfaction of economic wantsD) Reduce the prices of goods and services to consumers
the simple circular flow model shows that

Why, in economic terms, is money not a factor of production? An e…
3. Which of the following is not a resource? a. Land. b. Labor. c. Money. d. Capital. ANS: c. Money is not a resource because it has no intrinsic value. Money that is used to make an investment is called financial capital. 4. Economics is the study of. a. how to make money. b. how to operate a business. c. people making choices because of the ...
economics may best be defined as the

[DOCX File]Chapter 1 review questions
https://info.5y1.org/money-is-not-an-economic-resource-because_1_2b9690.html
Feb 17, 2010 · economic profit is $0 . the firm is not maximizing profit . the firm should go out of business in the long run . the firm is not earning its normal profit . 44. The main reason a monopolist can earn long-run economic profit, whereas a perfectly competitive firm cannot, is that (Points: 1) demand for the monopolist's output is inelastic
in the simple circular flow model

[DOC File]Chapter 01 Limits, Alternatives, and Choices
https://info.5y1.org/money-is-not-an-economic-resource-because_1_9040b3.html
1-9 Why isn’t money considered a capital resource in economics? Why is entrepreneurial ability considered a category of economic resource, distinct from labor? What are the major functions of the entrepreneur? Money isn’t a capital resource because it is not productive. While it is a means to acquire factors of production, money itself ...
a positive statement is concerned primarily with

[DOC File]Thanksgiving Test - Administration
https://info.5y1.org/money-is-not-an-economic-resource-because_1_4f2f50.html
C. is zero, because money isn't an economic resource. D. varies directly with the interest rate. 45. When a commercial bank has excess reserves, A. its actual reserves are less than its required reserves. B. it's charging too high an interest rate on its loans.
a normative statement is one that quizlet

Money is not an economic resource because