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Which of the Following Is NOT a Factor of Production

question 19

Multiple Choice

Which of the following is NOT a factor of production?


Definitions:

Pension Funds

Investment pools that collect and manage funds for the purpose of providing retirement income to employees.

Standard of Value

A benchmark or reference point used to measure the worth of goods, services, or assets in economic transactions.

Standard of Value

A recognized measure that is used to set the price or value of goods, services, or assets in economic transactions.

Money Supply

Refers to the total volume of currency and other liquid instruments in a country's economy at a specific time.

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