When Benjamin Franklin Wrote, "Remember That Time Is Money!" He

question 146

Multiple Choice

When Benjamin Franklin wrote, "Remember that time is money!" he understood

• A) the incentives created by property rights.
• B) the law of comparative advantage.
• C) the concept of opportunity cost.
• D) that watches cost money.

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Definitions:

Natural Disaster

A natural event such as a flood, earthquake, or hurricane that causes significant damage or loss of life.

Environmental Toxins

Harmful chemicals or substances present in the environment that can cause adverse health effects in humans and wildlife.

Organ Systems

Groups of organs working together to perform complex functions necessary for life, such as the digestive or respiratory systems.

Life Expectancy

The average period that an individual is expected to live, often calculated based on statistical averages of age, gender, and other factors in a given population.