Which of the Following Would an Economist Classify as Capital

question 19

Multiple Choice

Which of the following would an economist classify as capital?

• A)natural resources
• B)a deposit of silver
• C)entrepreneurship
• D)a computer
• E)land

Identify how personality types relate to stress and illness.

Recognize the importance of cultural influences on personality.

Understand the complexity of personality assessment and the eclectic approach in psychology.

Grasp the concept of hardiness and its components in coping with stress.

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Definitions:

Risk Averse

A descriptive term for investors or individuals who prefer lower risk or uncertainties, often choosing investments with smaller potential returns to avoid losing money.

Retirement Savings Plan

A retirement savings plan is a financial arrangement designed to replace employment income upon retirement, which can include various types of accounts like 401(k)s and IRAs.

Tax-exempt Saving

An investment account or product that offers tax benefits, such as no taxation on the interest or profits earned.

529 Plan

A tax-advantaged savings plan designed to encourage saving for future education costs, including tuition, fees, and room and board.