If the Quantity of Housing Supplied in a Community Is

question 1

Multiple Choice

If the quantity of housing supplied in a community is greater than the quantity of houses demanded,the existing price:

• A)is above the market equilibrium price.
• B)will rise to clear the market.
• C)will either rise or remain unchanged.
• D)is below the market equilibrium price.

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Definitions:

Permanent-Magnet Wheel Speed Sensor

A sensor that uses a permanent magnet to detect wheel speed, often used in anti-lock braking systems.

Analog

Pertaining to or using signals or information represented by a continuously variable physical quantity such as spatial position or voltage.

Digital

Pertaining to technology that encodes data as discrete numerical values, often represented as ones and zeros, for processing, storage, and transmission.

Electrohydraulic Unit

In an ABS system, this unit usually contains electric motors, solenoids, and valves that control the flow of brake fluid to the wheel brakes based on input from the EBCM.