The War-Supply Relationship

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

Which of the following is a possible effect on the supply chart if there is a war?

  • The supply chart will remain unchanged
  • The supply chart will show a decrease in supply (correct)
  • The supply chart will show an increase in supply
  • The supply chart will show fluctuations in supply

How might a war impact the supply chart?

  • The supply chart will show an increase in demand
  • The supply chart will show an increase in supply
  • The supply chart will show a decrease in demand
  • The supply chart will show a decrease in supply (correct)

What is a possible outcome for the supply chart in the event of a war?

  • The supply chart will show no change
  • The supply chart will show a decrease in supply (correct)
  • The supply chart will show an increase in supply
  • The supply chart will show stable supply levels

Flashcards are hidden until you start studying

More Like This

Use Quizgecko on...
Browser
Browser