Examlex
Directions: Indicate whether italics or quotation marks are appropriate for the underlined words and phrases in the following sentences. The speaker was getting all of her information from The New York Times .
Housing Market
The supply and demand for residential properties, influenced by factors such as interest rates, economic conditions, and government policies.
Elastic
A term used to describe a situation in which the demand or supply for a good or service changes significantly when its price changes.
Price Ceiling
A legal maximum price that can be charged for a good or service, usually imposed by a government to prevent prices from becoming too high.
Crude Oil
An organic, unprocessed substance found in nature, made up of hydrocarbon deposits along with other organic matter, known as crude oil.
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