The intersection of supply and demand in the capital market determines the market equilibrium price and quantity in the:

A. purchase market.
B. both the rental and purchase markets.
C. rental market.
D. Any of these statements could be true.


Answer: C

Economics

You might also like to view...

What is economic profit?

What will be an ideal response?

Economics

Suppose wages in the market for plumbers increase. Some plumbers start taking on extra plumbing jobs while others cut back on the number of hours they work. What could explain this?

What will be an ideal response?

Economics

In 2003, China's control of the value of the yuan became an economic and political issue for the U.S. because:

A) increased U.S. exports to China. B) decreased U.S. exports to China. C) increased China imports from the U.S. D) none of the above.

Economics

Changes in the consumer price index are useful in predicting changes in the producer price index

a. True b. False Indicate whether the statement is true or false

Economics