The wage is to the labor market as the

a. rental price of capital is to the capital market.
b. purchase price of capital is to the capital market.
c. supply of land is to the land market.
d. demand for land is to the land market.

a

Economics

You might also like to view...

An elasticity is a measure of sensitivity

Indicate whether the statement is true or false

View
Economics

The larger the deadweight loss from taxation, the larger the cost of government programs

a. True b. False Indicate whether the statement is true or false

View
Economics