The quantity supplied of a good, service, or resource is ________ during a specified period and at a specified price
A) the amount that people are able and willing to sell
B) the amount that people are willing and able to buy
C) the amount that people are able to sell
D) the amount that people are willing to sell
E) the amount sold
A
You might also like to view...
What goods are available to all without direct payment?
A. private goods B. public goods C. common goods D. toll goods
An increase in the money supply in the short run changes ___ , whereas in the long run, ___ change.
a. exchange rates; nominal interest rates b. price levels; interest rates c. interest rates; interest rates d. interest rates; inflation rates
In 2005, developed countries began to offer "aid for trade" programs that:
A. give developing nations funds in exchange for free trade agreements. B. give developing countries funds to develop industries that create exports the developed nations want. C. fund initiatives in developing countries that minimize trade barriers and provide infrastructure critical for trade. D. give developing nations funds in exchange for cheaper imports.
A state tax assessed specifically on cigarettes is an example of
A) an excise tax. B) a consumption tax. C) a social tax. D) a tariff.