Which of the Following Is Not Considered by Economists to Be

question 290

Multiple Choice

Which of the following is not considered by economists to be an economic resource?

• A)money
• B)factory workers
• C)computers at a retail store.
• D)a forest

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Definitions:

Achievement Tests

Standardized tests designed to measure an individual's level of skill, accomplishment, or knowledge in a specific area.

Locus of Control

The degree to which individuals believe that they have control over the outcome of events in their lives, as opposed to external forces having that control.

Generalized Expectancies

A psychological concept referring to an individual's belief or expectation that their behavior can lead to certain outcomes, regardless of the specific situation.

Locus of Control

An individual’s belief about the extent to which their actions influence the outcomes or events in their lives.