Economists refer to the payment to land as: Question 3 options: a) rent. b) interest. c)...
Economists refer to the payment to land as:
Question 3 options:
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Homework Answers
Answer - a) Rent
Out of the four factors of production, land is the only natural factor. The reward of land is rent. It is the money that is paid for the use of land. In economics, rent basically known as economic rent.
Add Answer to:
Economists refer to the payment to land as:
Question 3 options:
a)
rent.
b)
interest.
c)...
3 The demand measure of GDP accounting adds together: A. wages and salaries, rent, interest, and...
3 The demand measure of GDP accounting adds together: A. wages and salaries, rent, interest, and profit. B. consumption, investment, government purchases, and trade balance. C. consumption, government purchases, wages and salaries, and trade balance. O D. consumption, interest, government purchases, and trade balance. 4 which of the following are most likely classified by economists as consumer durable good A. food, clothing
Question 13 (3 points) Which of the following correctly matches the income payment with the resource?...
Question 13 (3 points) Which of the following correctly matches the income payment with the resource? O taxes-land; interest-labor; rent-capital; profits-entrepreneurship O rent-capital; profits-labor; wages-land; interest-entrepreneurship O rent-land; wages-labor; interest-capital; profits-entrepreneurship O profits-land; wages-labor; rent-capital; interest-entrepreneurship Page 13 of 30 Next Page Previous Page
What costs do economists include when calculating profit? Select 2 answers apply: explicit costs implicit costs...
What costs do economists include when calculating profit? Select 2 answers apply: explicit costs implicit costs variable costs fixed costs Question 40 Variable costs refer to __________ that can easily be increase or decreased in a __________ period. Select the correct answer below: outputs, long outputs, short inputs, long inputs, short FEEDBACK In addition to rent and profit for entrepreneurship , what else do factor payments include? Select the correct answer below: raw material prices profit interest and dividends...
D Question 13 Policies such as rent control and trade barriers persist because almost all economists...
D Question 13 Policies such as rent control and trade barriers persist because almost all economists agree that those policies are desirable. because almost all economists agree that those policies have no discernible economic effects. despite the fact that almost all economists agree that those policies are undesirable. because economists are about evenly divided as to the merits of those policies.
Economists believe that: Question 4 options: a) making information available to market participants improves market function....
Economists believe that:
Question 4 options:
a)
making information available to market participants improves
market function.
b)
data is more important to traders than information.
c)
information should be sold to the highest bidder.
d)
the flow of information has minimal impact on market
efficiency.
Question 5 (14 points)
When the individuals who get a good or service are the ones who
desire that product the most, the economy is experiencing:
Question 5 options:
a)
allocative efficiency.
b)
equity.
c)...
Question 5 An example of an adjusting entry is the payment of rent in advance. the...
Question 5 An example of an adjusting entry is the payment of rent in advance. the return of defective inventory. the payment of wages that have been accrued. the accruing of interest expense. collection of an accounts receivable. 1 points Question 6 Table 4-2 Urban Corporation had the following transactions during April: 1. The company paid $1,800 for 3 months' rent in advance on April 1. 2. The company received $800 in advance on April 1 from Wente Company for...
On a 3 year fixed payment loan, the fixed payment equals $3,900 a year. If the interest rate on the loan is 6%, how much...
On a 3 year fixed payment loan, the fixed payment equals $3,900 a year. If the interest rate on the loan is 6%, how much is the loan. Question 19 options: $10,425 $12,999 $14,256 $11,700 What is the price of a consol bond that has annual coupon payments of $7500, a an interest rate of 5%, Question 28 options: $140,000 $150,000 $160000 $7142 What is the price of a 3 year coupon bond with a coupon payment of $150 and...
Refer to Figure 21-3. Which of the graphs in the figure reflects a decrease in the...
Refer to Figure 21-3. Which of the graphs in the figure reflects a decrease in the price of good Y only! a. Graph a b. Graph b cGraphc d. Graph d 16. An example of an opportunity cost that is also an implicit cost is a Alease payment. b. The cost of raw materials c. The value of the business owner's time. d. All of the above are correct. 17. Economists normally assume that the goal of a firm is...
Economists refer to the relationship that a higher price leads to a lower quantity demanded as...
Economists refer to the relationship that a higher price leads to a lower quantity demanded as the a- income gap b- market equilibrium c- law of demand d- price model
Question 1 of 30. How is rent received as payment for the use of real property...
Question 1 of 30. How is rent received as payment for the use of real property reported on a tax return when little or no personal services are provided? O Not-for-profit income, reported on Schedule 1 (Form 1040), line 21. O Business earned income, reported on Schedule C. O Investment income, reported on Schedule D. O Passive income, reported on Schedule E.
3 The demand measure of GDP accounting adds together: A. wages and salaries, rent, interest, and profit. B. consumption, investment, government purchases, and trade balance. C. consumption, government purchases, wages and salaries, and trade balance. O D. consumption, interest, government purchases, and trade balance. 4 which of the following are most likely classified by economists as consumer durable good A. food, clothing
Question 13 (3 points) Which of the following correctly matches the income payment with the resource? O taxes-land; interest-labor; rent-capital; profits-entrepreneurship O rent-capital; profits-labor; wages-land; interest-entrepreneurship O rent-land; wages-labor; interest-capital; profits-entrepreneurship O profits-land; wages-labor; rent-capital; interest-entrepreneurship Page 13 of 30 Next Page Previous Page
D Question 13 Policies such as rent control and trade barriers persist because almost all economists agree that those policies are desirable. because almost all economists agree that those policies have no discernible economic effects. despite the fact that almost all economists agree that those policies are undesirable. because economists are about evenly divided as to the merits of those policies.
Economists believe that:
Question 4 options:
a)
making information available to market participants improves
market function.
b)
data is more important to traders than information.
c)
information should be sold to the highest bidder.
d)
the flow of information has minimal impact on market
efficiency.
Question 5 (14 points)
When the individuals who get a good or service are the ones who
desire that product the most, the economy is experiencing:
Question 5 options:
a)
allocative efficiency.
b)
equity.
c)...
Refer to Figure 21-3. Which of the graphs in the figure reflects a decrease in the price of good Y only! a. Graph a b. Graph b cGraphc d. Graph d 16. An example of an opportunity cost that is also an implicit cost is a Alease payment. b. The cost of raw materials c. The value of the business owner's time. d. All of the above are correct. 17. Economists normally assume that the goal of a firm is...
Question 1 of 30. How is rent received as payment for the use of real property reported on a tax return when little or no personal services are provided? O Not-for-profit income, reported on Schedule 1 (Form 1040), line 21. O Business earned income, reported on Schedule C. O Investment income, reported on Schedule D. O Passive income, reported on Schedule E.
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