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Progress and Poverty
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Chapter 2: Rent and the Law of Rent.
Question 1 of 2
How does George (following Ricardo) state the law of rent?
A
Rent is set by government decree
B
Rent is always a fixed percentage of a laborer's wages
C
Rent is determined by the excess of a land's produce over what the same labor and capital could get from the least productive land in use
D
Rent equals the total cost of building improvements on the land
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