The United States Secretary of Foreign Affairs was the precursor to the United States Secretary of State and the Minister responsible for Foreign Affairs under the Articles of Confederation.
The position was held by Robert Livingston and John Jay and was primarily responsible for establishing diplomatic relations for the new nation with countries around the world.
For the answer to the question above asking at $5 a bushel, there is an excess supply of wheat. is this price above or below the equilibrium price?
I think it is a price floor above the equilibrium price.The price is too high so that the suppliers will produce more than the consumption.
The study of the use of resources to produce and distribute goods and services is called economics.
True.