-In the Graph Above,a Government Imposed Price of $35 Represents

question 20

Multiple Choice

-In the graph above,a government imposed price of $35 represents a price _____ and there is a _____.

• A)floor,surplus
• B)floor,shortage
• C)ceiling,surplus
• D)ceiling,shortage

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Definitions:

Permanent Settlements

Communities where people reside long-term, building infrastructure and developing societies in contrast to nomadic lifestyles.

Cultural Art

Art forms that express and reflect the cultural values, traditions, and histories of specific societies or communities.

Unemployment Insurance

A government program that provides temporary financial assistance to workers who have lost their jobs through no fault of their own.

Primary Sector

The part of the economy that is involved with the extraction of raw materials from the environment, such as agriculture, fishing, and mining.