Examlex
Which of the following statements best summarizes philosopher John Locke's arguments in his treatises on government?
United States
A country located in North America, consisting of 50 states and a federal district, known for its significant influence on world economics, politics, and culture.
Excess Demand
A market condition in which the quantity demanded of a product exceeds the quantity supplied at a given price.
Nonprice Ration
Distributing or allocating goods based on criteria other than price, such as need or merit.
Short Run
A period in which at least one input (such as plant size) is fixed, and only the variable inputs can be adjusted.
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