Author Question: The economic resource that organizes the use of other economic resources is called A) labor. B) ... (Read 85 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
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.



akemokai

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

For a complete list of videos, visit our video library