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13 August, 23:59

An economy's potential output at any time is limited by

a

the amount of money in circulation.

b

the quantity and quality of labor, capital, and natural resources.

c

government regulations and spending.

d

business demand for final goods and services.

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Answers (2)
  1. 14 August, 00:37
    0
    b the quantity and quality of labor, capital, and natural resources.

    Explanation:

    The economy's potential output is also called GDP and it is the value of an economy. Including all the goods and services provided. Thus, the factors mentioned as quantity and quality of labor, capital, and natural resources are direct limitans to the economy's potential output.
  2. 14 August, 03:08
    0
    An economy's potential output at any time is limited by the quantity and quality of labor, capital, and natural resources.

    Option - B

    Explanation:

    The variables of creation are what's required for an organization to win a financial benefit. The four variables of creation are:

    Land

    Land is any normal asset that is required or utilized in the generation of a decent or administration. Land can likewise incorporate any asset that originates from the land, for example, oil, gas, and different wares, for example, copper and silver. Normally, land incorporates any common asset that is utilized as crude materials in the creation procedure.

    Labor

    Work comprises of the individuals that are answerable for the creation of a decent, including assembly line laborers, administrators, sales reps, and the architects that planned the hardware utilized underway.

    Capital

    Capital alludes to capital merchandise, for example, fabricating plants, apparatus, devices, or any hardware utilized in the creation procedure. Capital may allude to an armada of trucks or forklifts just as substantial hardware.

    Entrepreneurship

    Business enterprise is the fourth factor and incorporates the visionaries and trend-setters behind the whole creation process. The business people join the various variables of generation to conceptualize, make, and produce the nudge vuct or administration.
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