The characteristic that makes economic rent distinct from wages, interest, and profit is that it is
A) payment for a resource that is completely fixed in total supply.
B) always expressed in dollars, never in percent.
C) fixed by annual or monthly contracts.
D) makes the supply of the resource increase if its rent rises.
Correct Answer:
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Q94: Henry George advocated a single tax on
A)real
Q95: Which of the following resources is a
Q96: Q97: A unique characteristic of taxes on economic Q98: The marginal revenue product (MRP)of land declines Q100: In his book Progress and Poverty, Henry Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
