Which of the Following Is True of Resources

question 60

Multiple Choice

Which of the following is true of resources?

• A)Capital resources include manual labor.
• B)Natural resources are available in nature and are available at a zero price.
• C)Labor includes the skills and training people acquire to use in production.
• D)Technological know-how is an example of a natural resource.
• E)Human capital is the technical term for a robot.

Differentiate between ordinary annuities and annuities due.

Apply compound interest rates in financial computations.

Understand the impact of interest rates on present and future values.

Calculate the carrying value of investments in bonds.

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Definitions:

Income Yield

The earnings generated and realized on an investment over a particular period of time, typically expressed as a percentage of the investment's cost.

Break Even

The point at which total cost and total revenue are equal, resulting in no net loss or gain for a business.

Total Return

The overall financial gain or loss on an investment, including both capital appreciation and income received.

Income Received

Refers to the total amount of money or assets that an individual or entity receives over a certain period, including wages, dividends, sales proceeds, or benefits.