If quantity supplied exceeds quantity demanded, there is a tendency for:

A. price to rise to restore equilibrium.
B. price to fall to restore equilibrium.
C. the demand curve to shift to the right to restore equilibrium.
D. the demand curve to shift to the left to restore equilibrium.

Answer: B

Economics

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A) extra deposit creation. B) multiple deposit creation. C) expansionary deposit creation. D) stimulative deposit creation.

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The Romer model suggests that there is a trade-off between ________

A) the use of resources in research and development and the productiveness of R&D B) the rate of saving and the long-run growth of output C) per capita output in the short-run and long-run D) the size of the total population and the saving rate

Economics