Question
Money is not considered to be a factor of production because it doesn't produce anything it is supplied by the federal government it is intrinsically
Money is not considered to be a factor of production because
it doesn't produce anything
it is supplied by the federal government
it is intrinsically worthless
it is no longer "backed" by gold
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Introduction to Econometrics
Authors: James H. Stock, Mark W. Watson
3rd edition
133595420, 978-0138009007, 138009007, 978-0133486872, 133486877, 978-0133595420
