Salvarsan Was

question 4

Multiple Choice

Salvarsan was

• A)discovered in the mid 1900s.
• B)used to treat syphilis.
• C)formulated from the red dye prontosil.
• D)first discovered as a product of Penicillium notatum.
• E)discovered by Robert Koch.

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Definitions:

Short-Run Equilibrium

A state in which market supply and demand balance each other, and as a result, prices become stable temporarily.

Money Supply

At any given time, the total economic assets available in an economy, which consist of cash, coins, and the balances in checking and savings accounts.

Long Run

A period of time sufficient for all inputs in the production process to be adjusted, including both fixed and variable resources.

Short-Run Equilibrium

A state in which market supply equals market demand at a particular price level, but where all factors of production and costs are not fully adjustable.