Moveon.org Began

question 74

Multiple Choice

Moveon.org began

• A)in 1996 as a social networking site for progressive activists opposed to free-trade agreements.
• B)in 1998 as an email group fighting against the impeachment of President Bill Clinton.
• C)in 2003 as a protest movement fighting against the war in Iraq.
• D)in 2010 as a lobbying organization opposed to the Affordable Care Act.

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Definitions:

Quantity Demanded

The specific amount of a good or service that consumers are willing to purchase at a given price, at a particular time.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price level in a given time period.

Equilibrium Price

The price at which the inventory of goods available meets the consumer demand in the marketplace.

Equilibrium Quantity

The level of goods or services on offer and in demand at the market's equilibrium price.