The resources in the economy do not include:

                   is defined to include not only the surface of the earth but also all other gifts of nature.

Which is not a function of land?

Natural resources include

Economic growth can be measured by

By ________ we mean the mechanism or the system which determines the production of various goods and services in the economy.

Economist use the term utility to mean

By _________ we mean the physical or mental effort exerted for the purpose of producing a commodity or a service.

________ is / are considered to be agents of production.