A market is said to be in equilibrium if the supply and demand curve intersects.
<u>Explanation</u>:
A supply of a certain product meets the demand of that product i.e., if the "supply" and "demand" of the product is equal, then the market is at "equilibrium". The price corresponding to it is then called a market-clearing price or equilibrium price whereas the quantity is known as the equilibrium quantity. But this comes with two conditions of surplus and shortage when there is a change in the supply and demand curve. So, a market to be at equilibrium having an equilibrium price, it is always important that the supply meets the demand.
Answer:
The term impeachment refers to removing a government official from office.
Explanation:
Impeachment designates a figure of law through which charges can be brought against a senior government official. The Congress must approve the prosecution and later take charge of the trial of the accused. Once an individual has been subject to a removal process he has to face the possibility of being condemned by a vote of the legislative body, which causes his removal and disqualification for similar functions.
Answer:
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across the world; in most countries, it started in 1929 and lasted until the late 1930s.
Explanation:
Answer:
A) Both have three branches of government and a constitution.
