Economists Refer to Things That Have Already Been Produced That

question 204

Multiple Choice

Economists refer to things that have already been produced that are in turn used to produce other goods and services as

• A) land.
• B) labor.
• C) entrepreneurship.
• D) capital.

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Definitions:

Extroversion

A personality trait characterized by outgoingness, high energy, and sociability.

Big Five Model

A psychological theory that outlines five major dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Sociable

Willing to engage in social interactions; possessing traits of friendliness and social confidence.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.