Question 2The interest rate isO a) the marginal rate of investment supply.O b) the price of labor.Oc) the price of land.O d) both the price of capital and the price of labor.O e) the price of loanable funds.

Interest rate -it is the amount charge on top of the principle by a lender to a borrower for the use…

Question 2 The interest rate is O a) the marginal rate of investment supply. b) the price of labor. Oc) the price of land. d) both the price of capital and the price of labor. e) the price of loanable funds.

Question 2 The interest rate is O a) the marginal rate of investment supply. b) the price of labor. Oc) the price of land. d) both the price of capital and the price of labor. e) the price of loanable funds.

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter27: Investment, The Capital Market, And The Wealth Of Nations

Section: Chapter Questions

Problem 5CQ

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