Which statement is false?
A) The supply of urban land increases in response to increases in demand.
B) Most economists think rent should be abolished.
C) Pierre-Joseph Proudhon and Henry George took similar stands on rent.
D) Economic rent is the payment above the minimum necessary to attract a resource to the market.
Correct Answer:
Verified
Q83: The present value of $1 received 2
Q84: The present value of $1 received 1
Q85: Q86: Which statement is true? Q87: Which of the following items used to Q89: The concept that a dollar today is Q90: Which statement is true? Q91: Statement I: Rents are high because prices Q92: Which of the following is false? Q93: ![]()
A)Prices are high because
A)The most important factor
A)The supply![]()
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