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Producers exchange money for natural resources, human resources, and capital goods.

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The statement presented above is True. As we already know a producer is someone who creates and provides goods or even services. Some examples of producers are farmers, manufacturers and construction companies. For a producer to be able to provide goods and services it needs natural resources, human resources and capital resources.

Answer: True

I hope it helps, Regards.
User Tobias Wichtrey
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