Question

multiple correct answers select any of the following that meets the definition of a \commodity\.
employees (workers) at a factory.
plastic
cows
wheat
copper
10 multiple answer 10 points
multiple correct answers select anything that qualifies as a \specie\ according to the economic definition.
oil
silver
taxes
healthcare
gold
education

Explanation:

First Question (Commodity)

A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Plastic (raw material), Cows (livestock as a commodity), Wheat (agricultural commodity), and Copper (metal commodity) fit. Employees are labor, not a commodity in the typical sense.

Specie refers to money in the form of coins (usually precious metals like gold, silver). Oil is a commodity, taxes are not money, healthcare/education are services. Silver and gold are precious metals used as specie.

Answer:

B. Plastic, C. Cows, D. Wheat, E. Copper

Second Question (Specie)