An increase in rent will ordinarily lead to
A. an increase in usage of land that was formerly idle.
B. a decrease in total land employed.
C. less-intensive usage of land.
D. a decrease in the income of landlords.
Answer: A
Economics
You might also like to view...
When there is a shortage of dollars in the foreign exchange market, the
A) U.S. exchange rate will appreciate. B) supply curve of dollars shifts rightward to restore the equilibrium. C) demand curve for dollars shifts leftward to restore the equilibrium. D) U.S. exchange rate will depreciate. E) supply curve of dollars shifts leftward to restore the equilibrium.
Economics
The basic liberal solution to welfare dependency is __________.
Fill in the blank(s) with the appropriate word(s).
Economics