Which statement is true?
A) The supply of loanable funds is less elastic than the supply of land.
B) The supply of loanable funds is more elastic than the supply of land.
C) The supply of loanable funds is as elastic as the supply of land.
Correct Answer:
Verified
Q11: A higher rent _ lead to an
Q12: Henry George thought that
A)landowners deserve the economic
Q13: _ sees the entrepreneur as an exploiter
Q14: Increases in rent are generally due to
A)rises
Q15: Which statement is true?
A)As rents rise more
Q17: A change in rent will be brought
Q18: Which statement is true?
A)Stores charge high prices
Q19: As the demand for land rises
A)rents rise
Q20: Profits are
A)less than 10% of national income.
B)a
Q21: Economic rents
A)accrue only to land.
B)accrue only to
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