Which of the Following Is Not a Factor of Production

question 121

Multiple Choice

Which of the following is not a factor of production?

• A)A psychiatrist.
• B)$100,000 cash.
• C)A bulldozer.
• D)Six thousand acres of farmland.

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Definitions:

Stock

A claim to partial ownership in a firm.

Net Exports

The value of a country's total exports minus its total imports, representing the net contribution of the export sector to a country's GDP.

Real Interest Rates

The interest rate adjusted for inflation, representing the true cost of borrowing and the real yield to an investor.

Net Capital Outflow

The difference between a country's total exports of capital and total imports of capital over a certain period, indicating how much capital is flowing out of the country in comparison to what is coming in.