Multiple Choice
Which statement is false?
A) Rent is an excellent means of efficiently allocating the use of scarce land.
B) Economists dislike the way the price mechanism works because it leads to extremely high rents and interest rates.
C) The interest rate is especially important to long-term investment projects.
D) The projected long-term corporate profits are important when considering investment projects.
Correct Answer:
Verified
Correct Answer:
Verified
Q178: As the demand for land falls<br>A)rents rise
Q179: Henry George advocated each of the following
Q180: Which economist believes all profits are derived
Q181: Henry George thought that<br>A)landowners deserve the economic
Q182: _ laws set a ceiling on interest
Q184: Most economists oppose _ laws,which set interest
Q185: Changes in rent on a plot of
Q186: Economic rent is most closely associated with<br>A)profits.<br>B)land.<br>C)entrepreneurs.<br>D)interest.
Q187: A usury law is a price _
Q188: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -If there were