An Increase in Supply,other Things Equal,will Cause The

question 44

Multiple Choice

An increase in supply,other things equal,will cause the:

• A)equilibrium price to fall and the equilibrium quantity to rise.
• B)equilibrium price and quantity to fall.
• C)equilibrium price and quantity to rise.
• D)equilibrium price to rise and the equilibrium quantity to fall.

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Definitions:

Vietnam War

A prolonged conflict (1955-1975) between Communist forces in North Vietnam and non-Communist forces in South Vietnam, involving extensive U.S. military intervention.

Beacon Of Liberty

A symbol or guiding principle representing freedom and enlightenment.

Watchword

A word or phrase expressing a person's or group's core aim or principle; often used as a slogan or motto.

Vietnam Syndrome

The belief that the United States should be extremely cautious in deploying its military forces overseas that emerged after the end of the Vietnam War.