Factors of Production Choose the correct answer Set 03

Factors of Production 

Choose the correct answer Set 03

1. All capital is .......................
(a) Wealth 
(b) Land
(c) Income
 
2. The reward paid to capital is .........................
(a) Interest 
(b) Profit
(c) Rent
 
3. Investment in ....................... is called human capital.
(a) Education 
(b) Buildings
(c) Monetary instruments
 
4. Capital is productive because it yields an ...................
(a) Interest 
(b) Income
(c) Investment
 
5. Capital is ....................
(a) Immobile  
(b) Highly mobile
(c) Less mobile
 
6. Most products from the primary sector are ....................
(a) Finished products  
(b) Raw materials 
(c) Natural resources
 
7. The sector increasingly becoming important is .................
(a) primary sector 
(b) secondary sector
(c) tertiary sectors