Statement I.Prices are high because rents are high.
Statement II.The supply of land is relatively elastic.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Correct Answer:
Verified
Q57: If there were no usury law the
Q58: Q59: Q60: Which statement is true? Q61: If there were no usury law,the interest Q63: Which is the most accurate statement? Q64: In 2009 total profits (corporate pretax profits Q65: The present value of a dollar rises Q66: Congress passed a law effective in October Q67: With this usury law in effect there
A)Usury laws enable banks
A)Fringe and
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