Multiple Choice
When the rental price of capital is above the equilibrium price ________.
A) we have an excess supply of capital and the rental price should fall
B) we have an excess demand of capital and the rental price should fall
C) we have an excess supply of capital and the rental price should increase
D) we have an excess demand of capital and the rental price should increase
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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