If a Market Is NOT at Equilibrium

question 24

Multiple Choice

If a market is NOT at equilibrium

• A) supply will shift until the market reaches equilibrium.
• B) demand will shift until the market reaches equilibrium.
• C) both supply and demand will shift until the market reaches equilibrium.
• D) the price will change and, in response, market participants will move along the existing supply and demand curves until the market reaches equilibrium.

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Definitions:

Generalized Anxiety Disorder

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