Which of the Following Would Cause Prices to Drop

question 72

Multiple Choice

Which of the following would cause prices to drop?

• A)a demand for higher wages
• B)increased production by business
• C)increased taxes on business
• D)a reduction in the money supply
• E)high levels of demand by customers

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Definitions:

Majority Opinion

The judicial opinion agreed to by more than half of the members of a court, setting out the decision of the court.

Dissenting Opinions

Written opinions by judges who disagree with the majority decision in a court case.

Concurring Opinions

Judicial opinions that agree with the overall conclusion of the majority in a court ruling but may differ on reasoning or legal principles.

Binding Legal Principle

A legal rule or doctrine that must be followed by lower courts, or as part of a contract, must be adhered to by the parties involved.