Among the Resources Used in Production Are Labor and Capital

question 137

True/False

Among the resources used in production are labor and capital.

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Definitions:

Policy

A course or principle of action adopted or proposed by an organization or individual, often serving as a guideline for decisions.

Incontestability Clause

The incontestability clause is a provision in life insurance policies that limits the time within which the insurer can contest or challenge the validity of the policy, typically after it has been active for two years.

Disputes

Disputes are disagreements or conflicts between parties that can arise over differences in views, interests, or claims.

Policy

A deliberate system of principles to guide decisions and achieve rational outcomes.