Which statement is true?

Question

Quizplus · Accepted Answer

Rent, interest, and wages are all determined by supply and demand. The amount of rent charged will depend on how many people are looking for a particular property and how many properties are available to rent. Similarly, the level of interest on loans will depend on the supply of funds available from lenders and the demand for loans from borrowers. Wages are also determined by supply and demand, as employers will pay workers the market rate that reflects the supply of available workers and the demand for labor in their industry.

Which Statement Is True