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Yes.
direct
Inverse
As quantity supplied goes up, price goes down. This is because the supply function is downward sloping. Thus, the relationship is inverse.
the inverse relationship between price level and RGDP demanded
Yes.
direct
Inverse
As quantity supplied goes up, price goes down. This is because the supply function is downward sloping. Thus, the relationship is inverse.
the inverse relationship between price level and RGDP demanded
Yes, it does.
True
There is an inverse relationship between value of money and the price level. So if the value of money is low, then the price level is high or if the value of money is high, then the price level is low.
Price and demand have an inverse relationship. Therefore, if the price goes up, the demand goes down; the price goes down, the demand goes up.
in closed economy the macro economic concept is that if interest rates increases people are want to deposit their money, in closed market if interest rate increases people want to put their bond
increase in its price and decreases with decrease in its price, other things remaining constant
A graph of complimentary goods in economics represents the relationship between the price of of commodity & demand for it's complementary. Thus it shows a inverse relationship.