Voluntary Organizations That Work with and on Behalf of Mostly

question 23

Multiple Choice

Voluntary organizations that work with and on behalf of mostly local grassroots organizations in developing countries are termed

• A)international organizations.
• B)nongovernmental organizations.
• C)multilateral institutions.
• D) equity organizations.
• E) None of the above

---

Definitions:

Supply

The total amount of a good or service that producers are willing and able to sell at a given price over a specific time period.

Buyers and Sellers

Participants in a market who exchange money for goods or services, where buyers provide the money and sellers provide the goods or services.

Markets

Markets are arenas in which buyers and sellers come together to exchange goods, services, or financial instruments at determined prices.

Equilibrium

A situation in the market where demand matches supply, resulting in steady prices.