What Is the Meaning of Following Term

question 66

Multiple Choice

What is the meaning of following term:
-Embargo

• A) Legislation that restricts or bars some or all trade with certain countries.
• B) A concept used to remind people of the widespread discrepancy between form and reality, such as false reporting.
• C) Castro's group of 82 men who landed in Cuba in 1956.
• D) A patriarchal system in a society that hides under the facade of modernity.
• E) The administrative arm of government.
• F) The desire for less government regulation of the market.
• G) System that exempted non-Egyptians from Egyptian laws.
• H) Islamic learned religious man.
• I) Leadership where authority is closely related to family and kinship groups, especially to the men in those groups.
• J) Failed invasion of Cuba by Miami exiles.
• K) The illegal use of an official position or title for private gain.
• L) The use of political office to hire supporters.
• M) Limited land ownership and redistributed land among the peasants in Egypt.
• N) Migration of technically competent individuals from poorer states to wealthier ones.
• O) Original inhabitants of Cuba.

---

Definitions:

Demand

The level of demand for a good or service that purchasers can and want to buy across a range of prices within a certain time frame.

Market Wage Rate

The prevailing pay rate for a specific job in the labor market, influenced by factors like supply and demand.

Equilibrium Quantity

The amount of products or services offered and sought at the equilibrium price, a point where the supplied quantity matches the demanded quantity.

Equilibrium Price

The cost at which the amount of a product that buyers want to purchase matches the amount sellers are willing to offer, leading to a balanced market situation.