Questions: According to economists, one of the four broad categories of resources is money.

The answer is b. False.

Explanation: Economists typically classify resources into four broad categories, also known as the factors of production. These categories are:

1. Land: This includes all natural resources that are used to produce goods and services. Examples include minerals, forests, water, and land itself.

2. Labor: This refers to the human effort that is used in the production process. It includes both physical and intellectual contributions by workers.

3. Capital: This encompasses the tools, machinery, and buildings used to produce goods and services. It is important to note that in economic terms, capital does not refer to money but rather to physical assets that help in production.

4. Entrepreneurship: This is the ability to bring the other three resources together to produce goods and services. Entrepreneurs take on the risk and are responsible for the innovation and management of the production process.

Money, while crucial in the economy, is not considered a resource in this context. It is a medium of exchange that facilitates trade and the allocation of resources but is not a productive resource itself.