Profits are
A) less than 10% of national income.
B) a little more than 20% of national income.
C) almost 50% of national income.
D) over 60% of national income.
Correct Answer:
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Q15: Which statement is true?
A)As rents rise more
Q16: Which statement is true?
A)The supply of loanable
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
Q21: Economic rents
A)accrue only to land.
B)accrue only to
Q22: Changes in rent on a plot of
Q23: The marginal revenue product schedule for land
Q24: Which of the following in NOT a
Q25: All of the following would agree that
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