History, 15.06.2021 05:00, TH3L0N3W0LF
The graph shows excess demand.
A graph titled Excess supply has quantity on the x-axis and price on the y-axis. A line with positive slope represents supply and a line with negative slope represents demand. The lines intersect at the point of equilibrium (p star, Q star). A point on the demand line is (P 2, quantity demanded) and a point on the supply line is (P 2, quantity supplied). Both points are lower than the point of equilibrium. Excess demand is indicated between the 2 points.
Which needs to happen in order to stop disequilibrium from occurring?
a) Q needs to be coordinated with supply.
b) Q needs to be coordinated with demand.
c) The price of goods needs to be increased.
d) The price of goods needs to be decreased.
Answers: 3
History, 22.06.2019 04:30, 1969976289
How does nafta affect relations between the united states and canada? a. it bans immigration between the two countries. b. it opens the borders between the two countries. c. it raises taxes on trade between the two countries. d. it allows free trade between the two countries.
Answers: 2
History, 22.06.2019 16:00, exoticbunnylover123
Which of the following shows that an economy is stagnating a. the gdp is neither growing nor shrinking. b. the unemployment rate is going down. c. the inflation rate is going down. d. per capita income is rising.
Answers: 1
The graph shows excess demand.
A graph titled Excess supply has quantity on the x-axis and price on...
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