Which statement is false?
a. land is the primary production used in the production of all goods and services
b. an entrepreneur combined all the factors of production
c. growth in the economy shifts the ppc left?
d. an economy is efficient if it maximizes utilization of all the available scarce resources?
step by step explanation:
formula for simple intrest=
t= time (years) =20
simple intrest is always calculated on the principal value.
the line following the simle intrest is green as the amount after 20 years is $200, simple intrest= $100
rate comes out to be 5%.
a. land is the primary production used in the production of...