The Most Internationally Mobile Factor of Production Is ________

question 38

Multiple Choice

The most internationally mobile factor of production is ________.

• A)labor
• B)management
• C)long-term capital
• D)short-term capital

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Definitions:

Simple Interest

Interest calculated only on the principal amount, or on that portion of the principal amount which remains unpaid.

Compounded Monthly

An approach to interest calculation conducted every month, including both the initially loaned or deposited sum and the cumulatively gained interest from former periods.

Compound Increase

The growth of an amount where the increase over time accumulates on itself because the base amount changes due to additions made in previous periods.

Compounded Annually

The calculation and addition of interest to the principal once a year.