Multiple Choice
Every resource has its price. The price of loanable funds is expressed as
A) the dollar amount of the loanable funds needed to buy capital
B) the dollar amount of the new equipment purchased
C) the percentage of profit from the added capital
D) a rate of interest
E) the extra output from adding capital
Correct Answer:

Verified
Correct Answer:
Verified
Q63: Income earned by entrepreneurs is described as<br>A)
Q64: Some argue that "financing an investment with
Q65: When we add together all the individual
Q66: Economists define the rent of a resource
Q67: The main distinction between loanable funds and
Q69: The rate of interest is determined by
Q70: William and Harry each own a rock
Q71: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit Q-1,
Q72: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit Q-4,
Q73: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit Q-1,