a. Economic resources are the __________ inputs used to produce goods and services.
A. natural, human, and manufactured
B. natural, human, and technological
C. natural, technological, and manufactured
D. technological, human, and manufactured
b. Economists classify resources as
A. labor, resources, real capital, and entrepreneurs.
B. labor, land, real capital, and entrepreneurs.
C. labor, land, human capital, and entrepreneurs.
D. labor, land, financial capital, and entrepreneurs.
c. Because economic resources are used to produce goods and services, they are called
A. factors of production or products.
B. resources or products.
C. factors of production or inputs.
D. inputs or products.
