Question

from the economic report of the president
however, experience within the past year has demonstrated, on a small scale, some of the dangers that may result from holding the support level for any commodity too high.
from the economic report of the president by president harry s. truman
what does the word commodity mean?

1. something expensive
2. something complicated
3. something that can be purchased
4. something that can be difficult to obtain

Explanation:

In economics and general language, a commodity is a product or service that can be bought and sold in the market, which means it is something that can be purchased.

Answer:

1. something that can be purchased