The rental price of capital is the price a person pays to own the capital indefinitely
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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A tariff is defined as:
a. a limit imposed on the quantity of imports. b. a tax collected before exporting a product. c. a discount given on an imported product. d. a tax imposed on an imported product.
Economics
Which statement is true?
A. Usury laws hurt some borrowers, but don't interfere with the price mechanism. B. Usury laws hurt some borrowers and interfere with the price mechanism. C. Usury laws interfere with the price mechanism, but don't hurt borrowers. D. Usury laws neither interfere with the price mechanism, nor hurt borrowers.
Economics