At any point above the current IS curve, there is an

A) excess demand for goods.
B) excess supply of goods.
C) excess demand for money.
D) excess supply of money.

B

Economics

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Which one of the following goods can be considered a global commons?

a. A National Park b. A river c. An ocean d. A herd of deer e. A diamond mine

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The effect of a drought on the price of an agricultural product will be greater the more __________ the demand for the agricultural product

A) price inelastic B) price elastic C) income elastic D) a and c E) b and c

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