For superstar athletes
A) their entire earnings are economic rent.
B) part of their earnings are economic rent.
C) none of their earnings are economic rent since rent doesn't apply to labor.
D) none of their earnings are economic rent since they will do some other work once they are too old to be an athlete.
B
Economics
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Appropriation
What will be an ideal response?
Economics
Sammy is willing to lend Oscar $625 today so Oscar can purchase a new set of tires for his pickup truck. Oscar agrees to pay the loan back plus 5% interest in one year. What is the future value of this loan?
A) $595.24 B) $656.25 C) $750.00 D) $812.50
Economics