Which of the following is not true regarding the factors of production? Stocks and bonds issued by corporations are examples of capital. Most Americans earn the majority of their income from the sale of their labor. Labor refers to the physical and mental talents of people. Computers used by bank tellers are considered capital. a. b. C. d.

Which of the following is not true regarding the factors of production? Stocks and bonds issued by corporations are examples of capital. Most Americans earn the majority of their income from the sale of their labor. Labor refers to the physical and mental talents of people. Computers used by bank tellers are considered capital. a. b. C. d.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: The Markets For The Factor Of Production

Section: Chapter Questions

Problem 8PA

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