Chapter 4/The Market Forces of Supply and Demandv167Chapter 4The Market Forces of Supply and DemandMultiple Choice1.The forces that make market economies work area.work and leisure.b.demand and supply.c.regulation and restraint.d.taxes and government spending.ANS: BPTS: 1DIF: 1REF: 4-0TOP: Market economyMSC: Interpretive2.Which of the following are the words most commonly used by economists?a.surplus and shortageb.resources and allocationc.supply and de
