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Which of the following statements is false. However in economics we call opinions normative statements and economists must pay attention to them.
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A The term factors of production is another term for resources. Which of the following statements is FALSE. If the population continually grows while everything else stays the same then living standards will be lower than they would be if the population was constant. An economic model is a theory based on key variables and expressed in formal terms An economic model is. B Prior to its maturity date the price of a zero-coupon bond is always greater than its face value. The Statute of Frauds will be satisfied by a written note signed by the defendant which covers all of the essential terms of the agreement.
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260 Which of the following statements is false. A Estimating dividends especially for the distant future is difficult. B The factor of production termed labour means human resource.
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