Author Question: The economic resource that organizes the use of other economic resources is called A) labor. B) ... (Read 79 times)

KWilfred

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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

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Answer to Question 1

C

Answer to Question 2

B



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