A payment to an owner of a resource in excess of its opportunity cost is know as
A) real wages.
B) economic rent.
C) financial interest.
D) accounting profits.
B
Economics
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Show the effects of a change in the nominal interest rate and a change in real GDP using the demand for money curve
What will be an ideal response?
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History tells us that "fine tuning" of the tax code is likely to be in the public interest
a. True b. False
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During World War II the United States' economy grew by about ________ percent a year.
A. 5 B. 10 C. 15 D. 20
Economics
For most financial assets, investors must be compensated for:
A. nondiversifiable and diversifiable risk. B. diversifiable risk and time preference. C. nondiversifiable risk and time preference. D. nondiversifiable and diversifiable risk, and time preference.
Economics