The Quantity and Quality of ________ of a Country Are

question 170

Multiple Choice

The quantity and quality of ________ of a country are its factor endowments.

• A) imports and exports
• B) deficits and surpluses
• C) labor, land, and natural resources
• D) commodity money and fiat money

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Definitions:

Discontent

A feeling of dissatisfaction or unhappiness with one's circumstances or environment.

Five-Need Hierarchy

A reference to Maslow’s hierarchy of needs, which outlines five levels of human needs from basic (physiological) to higher order (self-actualization).

Innate

Referring to qualities, abilities, or characteristics that are present from birth and not significantly influenced by external factors or learned experiences.

Lower Needs

In Maslow's hierarchy, these are the basic physiological and safety needs that must be met before higher-level needs can be addressed.