Assume that the interest rate on the loanable funds market is 10 percent. If recording artist M.I.A. enjoys performing so much that she would do it for free, yet earns $10million a year, her annual wage-related rent is
A) $10 million
B) $1 million
C) $0
D) $100 million
E) $9 million
Correct Answer:
Verified
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