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Raul E Torres
Dr. Entessari
ECO201 Principles Of Macro-Economics
Chapter 1: The Art and Science of Economic Analysis
Assets are the data sources, or factors of generation, used to deliver the products and
enterprises that individuals need. Merchandise and ventures are rare on the grounds that assets
are rare. Assets sort into four general classes: work, capital, common assets, and entrepreneurial
capacity. Work is human exertion, both physical and mental. Work incorporates the exertion of
the taxi driver and the mind specialist. Work itself originates from a more principal asset: time.
Without time we can achieve nothing. We dispense our opportunity to elective uses: We can
offer our chance as work, or we can invest our energy doing different things, such as resting,
eating, considering, playing sports, going web based, going to class, staring at the TV, or simply
