This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Economists classify energy and water as part of which factor of production? A) land B) labor C) ... (Read 84 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
Economists classify energy and water as part of which factor of production?
 
  A) land
  B) labor
  C) capital
  D) entrepreneurship
  E) land if undeveloped and capital if developed

Question 2

The government of Techland experienced a current account surplus of 0.4 billion during a certain year. What should be the balance in the financial account of Techland? Explain your answer.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zogaridan

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A country which runs a current account surplus must either buy assets from foreigners or lend to foreigners. Hence, current account surpluses must match financial account outflows. In other words, when a country makes net sales of goods and services from foreigners, the country must make net asset purchases from foreigners. Therefore, there is likely to be a deficit of 0.4 billion in Techland's financial account.


Arii_bell

  • Member
  • Posts: 596
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds
In most ecosystems, sunlight provides the ultimate source of energy to power all biological activity In most ecosystems, sunlight provides the ultimate source of energy to power all biological activity
Polar Nature of Water Molecules Polar Nature of Water Molecules
Liquid Water Properties compared with n-pentane, nonpolar, non-hydrogen bonding liquid Liquid Water Properties compared with n-pentane, nonpolar, non-hydrogen bonding liquid
Water as a Polar Molecule Water as a Polar Molecule
Types of Blast Injuries (Part 1 of 2) Types of Blast Injuries (Part 1 of 2)
Video: Primary Active Transport - electrochemical gradient and ion transport / water movement

For a complete list of videos, visit our video library