Two Factors of Production That Seem to Contribute the Most

question 146

Multiple Choice

Two factors of production that seem to contribute the most to a nation's ability to create wealth are:

• A)land and labor.
• B) land and capital.
• C) entrepreneurship and labor.
• D)entrepreneurship and knowledge.

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Definitions:

Fiscal Year

A one-year period used for accounting and financial reporting purposes, which may not align with the calendar year.

Foreign Exchange Gain

Profit arising from fluctuations in exchange rates which increase the value of foreign currency-denominated assets.

Exchange Rate

The valuation of a currency when converted to a different currency, which indicates the equivalent amount in the second currency.

Payment Date

The specific date on which dividends are actually paid out to shareholders or when a debt obligation must be repaid.