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The Term 'Rent', as It Is Used by Economists, Refers

Question 29

Multiple Choice

The term 'rent', as it is used by economists, refers to


A) the profit earned by the owner of any housing unit.
B) the return on any factor that is in fixed supply.
C) any profit earned by stockholders when they sell their stock.
D) the amount paid each year by a tenant for a house or flat.

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