Market-Clearing Prices

question 141

Multiple Choice

Market-clearing prices

• A) are set by the visible hand of government.
• B) scare away all consumers from the market.
• C) scare away all businesses from the market.
• D) balance the forces of competition and cooperation.
• E) do all of the above.

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Definitions:

Social Readjustment Rating Scale

A scale measuring the stress load individuals carry, based on major life changes.

Numerical Values

Values expressed in numbers, representing quantities, measurements, or statistics in various contexts.

Stress

A physical, chemical, or emotional factor that causes bodily or mental tension and may be a factor in disease causation.

Psychoneuroimmunology

The study of the interaction between psychological processes, the nervous system, and the immune system.