Which of the Following Is Not an Example of a Factor

question 524

Multiple Choice

Which of the following is not an example of a factor of production?

• A)labor
• B)interest
• C)land
• D)capital

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Definitions:

Equal Payments

Regular payments of the same amount over a specified period.

Interest Earned

The profit gained from investing or saving, typically represented as a percentage of the original investment.

Compounded Quarterly

Interest calculation method where interest is added to the principal sum of a deposit or loan every quarter, influencing the amount in the next quarter.

Promissory Note

A monetary contract where one party commits to paying a distinct sum to another party, either on call or at a set date ahead.