So he can bring the country out of depression.
<span>They returned with lemons, dyes, rice, apricots, glass mirrors, soap and perfume. They also discovered and returned with the ancestor of the modern guitar.</span>
I think it might be d although I am not entirely sure.
The intersection between the supply curve (an upward sloping function) and the demand curve (a downwardsloping function) determines the equilibrium point of a market. The equilibrium is the point which represents the exact market price and quantity demanded/supplied at which the wishes of consumers and suppliers meet.
<u>When the market is not in the equilibrium point</u>, two different situations could be happening:
- Excess demand: this is a situation in which the market price is located below the equilibrium price. The quantity demanded at that market price would exceed the amount that the producers are willing to produce and supply at that same price. Therefore, not all consumers are able to obtain the product they desire and there is rationing.
- Excess supply: at a certain price located above the equilibrium, the quantity that suppliers are willing to produce exceeds the amount demanded by consumers at that more expensive price. Therefore, suppliers would not be able to sell their whole production in the market.
Among the executive branch is checks on the legislative branch is the president‘s power to veto any legislation passed by the legislative branch. The president has two types of veto he can use. One is veto, which vetoes the whole legislation, which would then have a re-vote by the legislative branch. The other is line-item veto, in which the president vetoes parts of the bill, but not the whole thing.
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