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    Macroeconomics Principles Study Set 1
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    Exam 3: Supply and Demand
  5. Question
    When Quantity Demanded Exceeds Quantity Supplied, a _____ Occurs, Putting
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When Quantity Demanded Exceeds Quantity Supplied, a _____ Occurs, Putting

Question 244

Question 244

Multiple Choice

When quantity demanded exceeds quantity supplied, a _____ occurs, putting _____ pressure on the price.


A) shortage; upward
B) shortage; downward
C) surplus; upward
D) surplus; downward

Correct Answer:

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