If a Shortage Exists for a Good in a Free-Market

question 176

Multiple Choice

If a shortage exists for a good in a free-market economy, the

• A) price of the good will rise.
• B) price of the good will fall.
• C) government will order suppliers to increase the production of that good.
• D) government must establish a rationing system to make sure that the good is fairly distributed.

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Definitions:

Menses

The monthly discharge of blood and mucosal tissue from the inner lining of the uterus through the vagina, part of the menstrual cycle.

Uterine Tube

Also known as the fallopian tube, it is a part of the female reproductive system that connects the ovaries to the uterus.

Cervix

The lower part of the uterus that opens into the vagina, which plays a key role in childbirth and menstruation.

Cavity of Uterus

The internal space within the uterus where the fetus develops during pregnancy.