When the Quantity of a Product Demanded by Buyers Equals

question 185

Short Answer

When the quantity of a product demanded by buyers equals the quantity supplied,it is called ________.

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Definitions:

Guest Worker

A person who is permitted to reside in a foreign country for the purpose of employment, usually temporarily.

Economic Restructuring

The changes in the structure of an economy, affecting its sectors or industries, often driven by technological advancements or globalization.

Illegal Immigration

The act of moving into or living in a foreign country without the legal permission of the country's government.

Bureaucrats

Officials within an organization or government who strictly adhere to rules, procedures, and protocols.