Johannes Gutenberg Is Remembered for ______

question 88

Multiple Choice

Johannes Gutenberg is remembered for ______.

• A) inventing paper
• B) developing the printing press
• C) inventing the codex
• D) translating the Canterbury Tales into English
• E) translating the Bible into English

Analyze the impact of supply and demand shifts on market equilibrium.

Recognize the concept of equilibrium price and quantity in the market.

Understand the outcomes of market disequilibrium.

Appreciate the role and impact of price ceilings and price floors.

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Definitions:

Long-term Ability

The potential of an entity or individual to sustain performance or activity over an extended period.

Cash

Currency or funds that a company has in bank accounts and physical money on hand, readily available for use.

Statement of Cash Flows

A financial report that provides a summary of an entity's cash inflows and outflows over a period, categorizing them into operating, investing, and financing activities.

Credit Risk

The risk of loss resulting from a borrower's failure to repay a loan or meet contractual obligations.