The Following Questions Refer to the Excerpt Below

question 50

Multiple Choice

The following questions refer to the excerpt below.
"Tonight I ask for your prayers for all those who grieve,for the children whose worlds have been shattered,for all whose sense of safety and security has been threatened.And I pray they will be comforted by a power greater than any of us spoken through the ages in Psalm 23: "Even though I walk through the valley of the shadow of death,I fear no evil,for You are with me." This is a day when all Americans from every walk of life unite in our resolve for justice and peace.America has stood down enemies before,and we will do so this time. None of us will ever forget this day,yet we go forward to defend freedom and all that is good and just in our world."
President George Bush,Speech to the Nation,September 11,2001
-Which of the following was a not a result of the historical events seen in the excerpt?

• A) U.S. military involvement in Iraq and Afghanistan
• B) Increasing concerns among Americans about civil liberties
• C) The U.S. began to reduce military spending
• D) Governmental attempts to heighten U.S. security domestically

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Definitions:

Buyers

Individuals or entities that purchase goods or services for personal use or for resale.

Sellers

Individuals or entities engaged in the act of selling or providing goods and services to consumers or other businesses.

Rationing Function

The ability of market prices to allocate scarce goods and services to those who are willing and able to pay for them.

Surplus Goods

Items for which the quantity supplied exceeds the quantity demanded, often leading to price reductions to clear excess inventory.