Use the Following to Answer Questions

question 141

Multiple Choice

Use the following to answer questions :
Figure: The Demand and Supply of Wheat
-(Figure: The Demand and Supply of Wheat) Look at the figure The Demand and Supply of Wheat. A temporary price of $2 in this market would result in a _____ of _____ bushels.

• A)surplus; 4,000
• B)shortage; 8,000
• C)shortage; 10,000
• D)surplus; 10,000

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Definitions:

Plunder

The act of robbing goods by force, especially during war or conflict, often associated with pillaging.

Gabriel's Rebellion

An 1800 slave revolt in Richmond, Virginia, led by Gabriel Prosser, that aimed to gain freedom for African-American slaves but was suppressed before it could be fully executed.

Illiterate Field Hands

Agricultural workers, often slaves or laborers in later periods, who could not read or write, common on plantations and farms historically.

Negotiate

The process of discussing something with someone in order to reach an agreement or mutual understanding.