Author Question: Which of the following include the four basic resources supplied by households? a. natural ... (Read 53 times)

ssal · **on:** Jul 1, 2018

Which of the following include the four basic resources supplied by households?
a. natural resources, labor, intelligence, capital
b. money, labor, natural resources, entrepreneurial ability
c. intellectual ability, physical ability, money, natural resources
d. labor, capital, intelligence, entrepreneurial ability
e. labor, natural resources, entrepreneurial ability, capital

Question 2

Caleb teaches economics at Yucky State University and is paid 50,000 per year. He also provides economic forecasts for local business for which he charges 100 per hour. Which of the following is true?
a. all of Caleb's income is salary
b. some of Caleb's income is salary and some is personal interest
c. all of Caleb's income is proprietor's income
d. some of Caleb's income is salary and some is proprietor's income
e. all of Caleb's income is personal interest