Increases in rent are generally due to
A) rises in the supply of land.
B) rises in the MRP of land.
C) declines in the supply of land.
D) declines in the MRP of land.
Correct Answer:
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Q2: The present value of a dollar received
Q4: Which is not determined by supply and
Q5: The supply urban land
A)is fixed.
B)varies from time
Q6: "Profits are a reward for risk-bearing" would
Q12: Henry George thought that
A)landowners deserve the economic
Q13: _ sees the entrepreneur as an exploiter
Q15: Which statement is true?
A)As rents rise more
Q18: A change in rent will be brought
Q19: As the demand for land rises
A)rents rise
Q20: Profits are
A)less than 10% of national income.
B)a
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