read the sentence. from the economic report of the president however, experience within the past year has…

read the sentence. 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

read the sentence. 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

Answer

Brief Explanations:

In economics, a commodity is a basic good that can be bought and sold. It is something that can be purchased. Options 1, 2 and 4 do not accurately define the economic - term "commodity".

Answer:

  1. something that can be purchased