thedarcieisabelleand
23.10.2020 •
Business
Determine which of these fundamental factors is affecting the cost of money in the scenario described: Inflation Risk Time preferences for consumption
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Ответ:
hello your question is incomplete attached below is the complete question
answer : Time preferences for consumption
Explanation:
The Fundamental factors that is affecting the cost of money in the scenario is the Time preferences for consumption, this is because your accountant advising you to invest in your retirement account which you could use/consume after you retire from active service is a time preference for consumption because you can consume the bonus now by buying the sports car.
Ответ:
A truck used by a delivery service company - capital
B) The physical strength one develops through weight training - labour
C) Oil that needs to be extracted for the production of gasoline - Land
Explanation:
Land- it includes all natural resources used in the production process. Oil is a natural resource.
Labour - all human effort expended in the production of goods and services.
Capital - capital are resources purchased with money which enhances production.
I hope my answer helps you