from the economic report of the president\nhowever, experience within the past year has demonstrated, on a…

from the economic report of the president\nhowever, 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.\n(from \the economic report of the president\ by president harry s. truman)\nwhat does the word commodity mean?\n1. something expensive\n2. something complicated\n3. something that can be purchased\n4. something that can be difficult to obtain

from the economic report of the president\nhowever, 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.\n(from \the economic report of the president\ by president harry s. truman)\nwhat does the word commodity mean?\n1. something expensive\n2. something complicated\n3. something that can be purchased\n4. something that can be difficult to obtain

Answer

Brief Explanations:

The term "commodity" in economics refers to a raw material or primary - agricultural product that can be bought and sold, which means something that can be purchased.

Answer:

  1. something that can be purchased