Which of the Following Lowers the Equilibrium Price of a Canoe

question 150

Multiple Choice

Which of the following lowers the equilibrium price of a canoe?

• A) an increase in the supply of canoes
• B) an increase in the demand for canoes
• C) an increase in the quantity of canoes supplied
• D) a decrease in the supply of canoes
• E) Both answers A and B are correct.

---

Definitions:

Guaranteed Minimum

The lowest amount assured by a contract, regardless of external conditions or outcomes.

Annual Rates

Refers to the interest rate or growth rate over a one-year period, often used in financial contexts.

Strip Bond

A financial instrument resulting from the separation of the coupon payments and the principal of a regular bond, where each part is sold separately as a zero-coupon bond.

Market Yield

The return on investment for a security anticipated in the marketplace, reflecting its current price and income it generates.