Interest rates are positive mainly because
A) of inflation.
B) people tend to prefer the present to the future.
C) people tend to prefer the future to the present.
D) bankers are greedy.
B
Economics
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Which of the following is NOT a major argument for restricting international trade?
A) the national security argument B) the promotion of dumping in America C) the infant industry argument D) saves U.S. jobs argument E) the prevention of dumping argument
Economics
A competitive firm rents capital until the marginal product of capital equals the:
A. real wage. B. real rental price of capital. C. price of output. D. capital/labour ratio.
Economics