Which Amendment to the Constitution Is Known as the Prohibition

question 23

Multiple Choice

Which amendment to the Constitution is known as the Prohibition amendment?

• A) Seventeenth
• B) Eighteenth
• C) Nineteenth
• D) Twentieth
• E) Twenty-first

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Definitions:

Equilibrium Price

The rate at which the amount of products offered matches the amount of products consumers want.

Unregulated Market

A market where the government does not impose price controls, quotas, or other restrictions on the forces of supply and demand.

Deadweight Loss

The diminished economic effectiveness arising from a failure to achieve or the inability to achieve equilibrium for a product or service.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product or service, intended to protect consumers.