If medical research were to find that grain consumption lowers human life expectancy, agricultural land rents would
A) increase.
B) decrease.
C) not be affected.
D) increase in the short run and decrease in the long run.
Correct Answer:
Verified
Q120: Exhibit 29-2 Q121: As the interest rate rises, the opportunity Q122: "Present value" refers to the Q123: Which of the following would increase the Q124: The upward-sloping supply of loanable funds curve Q126: Profits differ from the other factor payments Q127: The nominal interest rate will rise if Q128: When someone wins a lottery jackpot they Q129: As the interest rate falls, firms are Q130: The supply curve for land is _
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A)current worth of
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