The Rationing Function of Prices Refers to The

question 117

Multiple Choice

The rationing function of prices refers to the:

• A)tendency of supply and demand to shift in opposite directions.
• B)fact that ration coupons are needed to alleviate wartime shortages of goods.
• C)capacity of a competitive market to equate the quantity demanded and the quantity supplied.
• D)ability of the market system to generate an equitable distribution of income.

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Definitions:

Cocaine

A powerful and addictive stimulant derived from the coca plant; produces temporarily increased alertness and euphoria.

Marijuana

A psychoactive drug derived from the Cannabis plant, used both recreationally and medicinally to produce feelings of relaxation and euphoria but may also result in altered perceptions and mood.

Withdrawal

The symptoms experienced by an individual when reducing or discontinuing the intake of a substance they are dependent on.

Addictive Drug

A substance that leads to compulsive use, characterized by a psychological and/or physical dependence.