A Shortage Is Defined as the Situation That Exists When

question 137

True/False

A shortage is defined as the situation that exists when the quantity of a good supplied is greater than the quantity demanded.

---

Definitions:

Law Enforcement

Law enforcement refers to the agencies and officers responsible for enforcing laws, maintaining public order, and providing public safety.

Indictment

A formal charge or accusation of a serious crime, issued by a grand jury.

Grand Jury

A group of citizens called to decide whether probable cause exists to believe that a suspect committed the crime with which he or she has been charged and thus should stand trial.

Probable Cause

A reasonable basis for believing that a crime may have been committed, which is necessary for issuing warrants and making arrests.