When interest rates decline, businesses take out more loans. This is because: O Land resources are fixed and must be supplemented by capital O Less profitable projects become affordable O Lenders are taxed on interest income O Labor costs can now be allocated toward capital purchases Question 7 Economic Profit is the "leftover" money that goes to successful owners and entrepreneurs as compensation for the risks they incur as owners. These profits come from several sources. Which of the following is NOT a source of economic profit? O Wages paid to employees O Reducing cost curves below the competition O Inventing and marketing a popular product O Monopoly market structures Question 8 Briefly, what is the difference between workers and entrepreneurs