8
QuizMultiple Choice

The Three Questions of Economics — Quiz

Question 8 • Economics

Which of these is an example of a labor resource?

Answer
A
electricity produced by a nearby power plant
B
a city’s population
C
water held in a reservoir
D
money available to be invested in a company

Explanation

Labor resources are the people who can work and the effort they provide. A city’s population includes potential workers, so it is an example of a labor resource. Electricity, investment money, and reservoir water are other types of resources, not labor.

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