Which of the following statements is correct?

A. Rent performs an incentive function, but not a rationing function
B. Wage rate does not perform an incentive function in the supply of labor
C. Profits are payments to capital resource owners
D. Demand is the "active" and supply the "passive" determinant of land rent


D. Demand is the "active" and supply the "passive" determinant of land rent

Criminal Justice

You might also like to view...

Organized criminal activity in Europe can be traced

a. as far back as the Soviet Union c.to the beginning of the Soviet Gulag system b.to the pre-industrial era d.back to the years between the World Wars

Criminal Justice

Overrepresentation of some population characteristic in sampling is

A) Non-random bias B) Systematic bias C) Expected D) Homogeneous

Criminal Justice

Which of the following street crimes is most likely to be reported to law enforcement?

A. Motor vehicle theft B. Rape C. Aggravated assault D. Robbery

Criminal Justice

Arson is

a. the easiest of the major crimes to commit b. difficult to detect c. the hardest to prove in court d. All of these choices

Criminal Justice