It may be necessary to ration a good whenever ___________ exists.
A. a surplus
B. excess demand
C. excess supply
D. None of these choices are correct.
B. excess demand
Economics
You might also like to view...
When a country has a negative current account, that country is
A) borrowing from the rest of the world. B) lending to the rest of the world. C) running a government budget surplus. D) None of the above is correct.
Economics
The openness of the U.S. economy has
A) increased over time. B) decreased over time. C) remained fairly consistent over time. D) decreased over the past 30 years, following a 50 year increase.
Economics