Examlex
Identify two interest groups with an enduring voice in American democracy.
Surplus
An excess of supply over demand, leading to a situation where goods and services exceed their consumption or utilization.
Rent Control
Government policies or laws that limit the amount landlords can charge for renting out a property, intended to make housing more affordable.
Demand Increase
This occurs when there is a rise in the quantity of a product or service that consumers are willing and able to purchase at a given price, often due to factors like increased income, changes in tastes, or population growth.
Supply Decrease
A supply decrease refers to a situation where the quantity of a good or service that producers are willing and able to sell at a given price level falls, often due to factors like increased production costs or regulatory changes.
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