When white males resist to share responsibilities with members of a minority group, it is termed as:

Suppose the equilibrium price of bread is $2.00 per loaf. If the government sets a price ceiling of $1.50 per loaf: a. the equilibrium price of wheat will fall and a shortage of wheat will be created. b. the quantity of wheat supplied will increase

c. the quantity of wheat demanded will decrease. d. there will be a shortage of bread.

Suppose that M is fixed. According to the quantity equation, which of the following would make the price level higher?

a. Y or V rise b. Y or V fall c. Y rises or V falls d. Y falls or V rises