The category of "rent" in the income approach to GDP
A) does not have any connection to owner-occupied housing.
B) includes the money paid to use land and other rented inputs.
C) includes the money paid to rent apartments only.
D) includes the money paid to rent machinery only.
E) includes only the imputed rent for owner-occupied housing.
B
Economics
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An insolvent institution has:
A. liabilities that exceed its assets. B. assets that exceed its liabilities. C. assets that exceed its equity. D. equity that exceeds its liabilities.
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If I increase my consumption of a good and this has no impact the quantity you can consume of the same good, then this good is
A) nonrival. B) nonexclusive. C) both nonrival and nonexclusive. D) a free good.
Economics