Which of the following entails the greatest amount of risk?
A. Working for the government
B. Working for a large business
C. Working for a small business
D. Starting a business
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The resources that contribute to the creation of wealth are known as ________.
A. production coefficients
B. factors of production
C. production technologies
D. production aggregates
Which of the following is a factor of production?
A. Bonds
B. Money
C. Knowledge
D. Service
As a factor of production, the term capital includes:
A. Stocks and bonds issued by corporations.
B. Natural resources such as land and water.
C. Tools, machinery, and buildings.
D. Services provided by the government that enable businesses to be more productive.
Two factors of production that seem to contribute the most to a nation's ability to create wealth are:
A. land and labor.
B. land and capital.
C. entrepreneurship and labor.
D. entrepreneurship and knowledge.