Which of the Following Include the Four Basic Resources Supplied

question 198

Multiple Choice

Which of the following include the four basic resources supplied by households?

• A)natural resources, labor, intelligence, capital
• B)money, labor, natural resources, entrepreneurial ability
• C)intellectual ability, physical ability, money, natural resources
• D)labor, capital, intelligence, entrepreneurial ability
• E)labor, natural resources, entrepreneurial ability, capital

---

Definitions:

Collateral

An asset that a borrower offers to a lender as security for a loan.

Hypothecated

Hypothecated refers to assets that are pledged as collateral for a loan without transferring title or possession to the lender, often used in secured loans.

Loan

A financial agreement in which one party lends money to another, which is then required to repay the amount along with interest over a predetermined period.

Financial Assets

Assets that derive value because they represent a claim on future cash flows or other financial benefits, such as stocks, bonds, or bank deposits.