If Prices Are Too ________, the Supply Will ________ Demand

question 48

Multiple Choice

If prices are too ________, the supply will ________ demand.

• A) High, exceed
• B) High, be less than
• C) Low, exceed
• D) Low, be more than
• E) None of the above

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Definitions:

American Military

The combined armed forces of the United States, consisting of the Army, Navy, Air Force, Marines, and Coast Guard, tasked with defending the country and its interests.

Vietnam

A Southeast Asian country known for its rich history, distinct culture, and the Vietnam War, which had significant global impact during the 20th century.

Sunbelt Region

A region of the United States generally considered to cover the Southeast and Southwest, characterized by its warm climate, rapid population growth, and vibrant economies.

Strong Unions

Refers to labor unions that have significant bargaining power, membership, and influence over workplace conditions, wages, and benefits for their members.