In a capitalabundant country, free trade will cause a(n) __________ in the rental of capital and a(n) ____________ in the marginal product of capital.

a. increase; increase
b. increase; decrease
c. decrease; decrease
d. decrease; increase


Ans: a. increase; increase

Economics

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Economics

.Nations will attract investment and its citizens will engage in productive activities when the institutions and policies of that country do which of the following?

What will be an ideal response?

Economics

Katie buys a house for $200,000 and rents it for $1,000 per month. Katie's annual rate of return:

A. is 0.5 percent. B. is 5 percent. C. is 6 percent. D. cannot be determined until she sells the house.

Economics