The economic resource that organizes the use of other economic resources is called
A) labor.
B) capital.
C) entrepreneurship.
D) land.
Question 2
Suppose there is an increase in the short-run aggregate supply with no change in the long-run aggregate supply. This situation could be the result of
A) an increase in the price of oil.
B) a decrease in the money wage rate.
C) a technological advancement.
D) an increase in the quantity of capital.
