Figure 3-6 -Which of the Following Is Evidence of a Surplus of a Surplus

question 168

Multiple Choice

Figure 3-6
-Which of the following is evidence of a surplus of bananas?

• A) Firms raise the price of bananas.
• B) The price of bananas is lowered in order to increase sales.
• C) The equilibrium price of bananas rises due to an increase in demand.
• D) The quantity demanded of bananas is greater than the quantity supplied.

---

Definitions:

Détente

A period of improved relations and reduction in tensions between countries, especially notable between the United States and the Soviet Union during the Cold War.

Soviet Expansion

describes the geopolitical strategy pursued by the Soviet Union during the 20th century aimed at spreading its influence and control over Eastern Europe, Asia, and other regions through military, political, and economic means.

Secretary of State Kissinger

Henry Kissinger, who served as the U.S. Secretary of State under Presidents Nixon and Ford, known for his role in shaping foreign policy, including détente with the Soviet Union and opening relations with China.

Israel and Egypt

Israel and Egypt are two countries in the Middle East that signed the Camp David Accords in 1978, leading to the Egypt-Israel Peace Treaty in 1979.