People Often Complain About Price Gouging After a Disaster Such

question 82

Multiple Choice

People often complain about price gouging after a disaster such as a hurricane. Suppose the government successfully prevented price increases due to the disaster. We would expect

• A) reconstruction to take longer because the quantity supplied of new materials would increase more slowly.
• B) reconstruction to take less time because the demand for materials would increase faster.
• C) reconstruction never to occur.
• D) reconstruction to take less time because the government could rebuild more quickly when people are not in the way.

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Definitions:

Bilingualism

The ability to understand and use two languages proficiently, often associated with numerous cognitive and social benefits.

North America

A continent located in the Northern Hemisphere and almost entirely within the Western Hemisphere, including countries such as the United States, Canada, and Mexico.

Europe

A continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere, comprising numerous countries and rich cultural diversity.

Telegraphic Speech

A stage in language development where young children communicate using short and simple sentences, often comprising only essential words.