Chapter 9 The Price Puzzle What Drives the Market - Part 1

What does labour refer to in economics?

Type: MCQ • Marks: 1
What does labour refer to in economics?
Options
A. Machines only
B. Human effort used in production
C. Natural resources only
D. Money stored in banks
Explanation
Explanation: Labour includes physical and mental human effort used to produce goods and services.
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Class 9th Understanding Society India and Beyond, Part I

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