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In Equilibrium, What Determines the Price of Capital and What

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In equilibrium, what determines the price of capital and what determines the price of natural resources?


Definitions:

Humanistic

Humanistic pertains to a psychological perspective that emphasizes individual choice, human potential, and the importance of compassion and empathy in understanding human behavior.

Big Five Trait

A psychological theory that identifies five fundamental personality dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Conscientiousness

Conscientiousness is a personality trait characterized by organization, dependability, and a strong sense of duty.

Openness

A personality trait characterized by a willingness to try new experiences, be creative, and think imaginatively.

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