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If prices are high, people tend to spend less. If prices are low, people tend to spend more.
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∙ 12y ago
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What are the definition of economic influence?
Economic influence is the effect that an event, policy, or market trend will have on economic factors. These economic factors include interest rates, consumer confidence, and the stock market. For example, a bank that declares bankruptcy will affect consumer confidence and stock prices related to that bank.
What is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
What economic factors that influence the personal financial planning?
Consumer Prices; Consumer Spending; Interest Rates; Unemployment; DOW JONES Average index changes, etc
Information has the quality of relevance when it influence the economic decisions?
Information has the quality of relevance when it influence the economic decisions?
What is the economic term that describes the ability of a market participant to influence prices instead of merely being forced to accept market prices?
Market power is the ability of a firm to dictate their own prices without having to succumb to market prices. Market power usually occurs if the firm has control over a large part of the market.
What are the definition of economic influence?
Economic influence is the effect that an event, policy, or market trend will have on economic factors. These economic factors include interest rates, consumer confidence, and the stock market. For example, a bank that declares bankruptcy will affect consumer confidence and stock prices related to that bank.
What is economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
What is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
What is influenced by the manipulation of reserve-level rates?
Thus, the Fed can influence such factors as economic activities, the money supply, interest rates, credit availability, and prices.
Information has the quality of relevance when it influence the economic decisions?
Information has the quality of relevance when it influence the economic decisions?
What economic factors that influence the personal financial planning?
Consumer Prices; Consumer Spending; Interest Rates; Unemployment; DOW JONES Average index changes, etc
Economic and non economic want?
An economic want is like America wants gas prices to be lower, a non economic want would be wanting milk prices to be lower.
What events had influence the economic activity?
the events that influence the economic activity is the banking crises recession because our country is in debt
What is the economic term that describes the ability of a market participant to influence prices instead of merely being forced to accept market prices?
Market power is the ability of a firm to dictate their own prices without having to succumb to market prices. Market power usually occurs if the firm has control over a large part of the market.
What is capitalism and how does free market work?
capitalism is a type of economic system in which property resources are privately owned and markets and prices are used to direct and coordinate economic activities. Free market means that there is no government influence impeding upon market activities
Are mindless behavoir brothers?
no they are not
