Use the Figure Below to Answer the Following Questions

question 175

Multiple Choice

Use the figure below to answer the following questions.

Figure 3.4.2
-The price of a good will tend to fall if

• A)there is a surplus at the current price.
• B)the current price is below the equilibrium price.
• C)the quantity supplied exceeds the quantity demanded at the current price.
• D)both A and C are true.
• E)none of the above are true.

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Definitions:

Sexual Orientation Discrimination

Unfair treatment of an individual based on their sexual orientation, prohibited in many jurisdictions.

Defense Marriage Act

A U.S. federal law enacted in 1996 that defined marriage as a union between one man and one woman for federal purposes, but was ruled unconstitutional in parts by the Supreme Court in 2013.

Equal Employment Opportunity Commission

A federal agency responsible for enforcing laws against workplace discrimination in the United States.

U.S. Civil Service Commission

This was a government agency responsible for overseeing the civil service of the United States, ensuring that its hiring and employment practices were based on merit. It has since evolved into the Office of Personnel Management (OPM).