____ Refers to the Number of Years of School Completed

question 33

Multiple Choice

____ refers to the number of years of school completed.

• A)educational attainment
• B)educational achievement
• C)educational potential
• D)educational tracking
• E)educational enhancement

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Definitions:

Factors Of Production

The inputs used in the production of goods or services in the attempt to make an economic profit, including land, labor, capital, and entrepreneurship.

Economy

The system by which goods and services are produced, distributed, and consumed within a particular geographical region.

Production Possibilities Frontier

A curve depicting all possible combinations of two goods that can be produced with available resources and technology.

Factors Of Production

The resources used in the process of production, including land, labor, capital, and entrepreneurship.