How much people plan to consume at various levels of disposable income is known as

The equilibrium rental income paid to landowners at any point in time equals the

a. purchase price of land. b. value of the marginal product of land. c. marginal product of land. d. wage paid to laborers.

In 1898, prospectors on the Klondike River discovered gold. This discovery caused an unexpected price level

a. decrease that benefited creditors at the expense of debtors. b. decrease that benefited debtors at the expense of creditors. c. increase that benefited creditors at the expense of debtors. d. increase that benefited debtors at the expense of creditors.