Answer: Shortage
Explanation:
The equilibrium price is the price at which the demand for a particular product and its supply is equal.
When the price of a good is below the equilibrium price for that good, this will more people demanding the good which will therefore lead to a situation where the quantity demanded is less than the quantity that is supplied. This leads to a situation called shortage.
Answer:
The Phoenicians were the settlers in the limited land of Phoenicia. ... The Phoenician alphabet was easier to learn than cuneiform, allowing more people to be able to write and simplified trade with people who spoke different languages.
Explanation:
<span>The Northwest Ordinance established policies for the creation of new states. An Ordinance for the government of the Territory of the United States northwest .Be it ordained by the authority aforesaid, That there shall be appointed, not repugnant to the principles and articles in this ordinance established and declared.</span><span>
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Answer:
He approved higher federal taxes on the states.
Explanation:
i took the test and that was the answer.
Answer:
The government needs to raise taxes or cut spending.
The government spends too much money.
The government almost always spends more than it collects.
Explanation:
These are the statements that describe what the graph indicates about government spending. In this graph, we can see that the government usually spends more money than it collects. This seems to be a trend throughout the graph. This means that the government spends too much money. The government needs to address this discrepancy, and they can do so by raising taxes or by cutting spending.
