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World War I.

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Q: The farming crisis in the 1920s was caused by a decrease in demand for crops after what?
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What was a contributing factor to the farming crisis of the 1980s?

A decrease in demand led to farmers not being able to pay back their substantial loans.


Which was a contributing factor to the farming crisis of the 1980s?

A decrease in demand led to farmers not being able to pay back their substantial loans.


Which of the following was a contributing factor to the farming crisis of the 1980s?

A decrease in demand led to farmers not being able to pay back their substantial loans


Concern about an international crisis has caused consumers to save their money and postpone big purchases what is the effect on aggregate demand and supply?

aggregate demand will decrease, lowering both real GDP and the price level


Concern about an international crisis has caused consumers to save their money and postpone big purchases. What is the effect on aggregate demand and aggregate supply?

aggregate demand will decrease, lowering both real GDP and the price level


Causes of the farming crisis of the 1920s included the fact that?

demand for crops fell after World War I


What caused the demand for Farms products to decrease in the?

The Countywide Recession


What is the difference between contraction in demand and decrease in demand?

A contraction in demand is caused by an increase in Price and illustrated by a movement up the demand curve. A decrease in demand is caused by any non-price factor (e.g. advertising, tastes and preferences and price of substitute goods) and is illustrated by an inward shift in the demand curve.


Write a short note on decrease in demand?

A decrease in the willingness and ability of buyers to purchase a good at the existing price, illustrated by a leftward shift of the demand curve. A decrease in demand is caused by a change in a demand determinant and results in a decrease in equilibrium quantity and a decrease in equilibrium price. A demand decrease is one of two demand shocks to the market. The other is a demand increase. A demand decrease results from a change in one of the demand determinants. The leftward shift of the demand curve disrupts the market equilibrium and creates a temporary surplus. The surplus is eliminated with a lower price. The comparative static analysis of the demand decrease is that equilibrium quantity decreases and equilibrium price decreases.


A movement along the demand curve for toothpaste would be caused by?

A movement along the demand curve for toothpaste would be caused by an increase or decrease in the price of toothpaste. This change would then lead to a change in the quantity demand.


An increase in aggregate demand is most likely to be caused by a decrease in?

The tax rates on household income.


Is the quotation rising oil prices have caused a sharp decrease in the demand for oil a correct statement?

yes