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If a person earns more,he will save more.Young people save less of their income than middle aged people.People with children tend to save more to help pay their children's education in life.If a person earns more,he will have the tendency to buy more if price decreases.
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∙ 11y ago
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Why aren't the prices in a collusive oligopoly unlikely to fall?
Prices in a collusive oligopoly are unlike to fall, because if prices fall that only benefits the consumer, so the firms will not do it. Also in a collusive oligopoly firms get together and FIX the prices, which answers the question.
How do changes in supply affect prices?
When supply is plentiful, prices fall, when items are scarce, the price rises.
How do falling interest rates and falling prices influence total demand in the economy?
When interest rates fall, money costs less to borrow. If prices fall, goods are easier to purchase. If consumer confidence is good, people and businesses may be tempted to borrow to buy goods at low prices. Low prices and low interest rates are often the result of poor consumer confidence as business need to lower prices to stimulate demand.
What are the effects of increasing interest rates on inflation and consumer prices?
Increasing interest rates make the cost of borrowing funds higher. Due to the higher cost of borrowing the consumer prices typically fall which lowers the rate of inflation. Consumer prices fall because consumers are less likely to use credit to make purchases and when they do a higher percentage of their assets go towards paying interest and in turn lowering their buying power.
How may changes in prices affect the demand for a good?
Price and demand of a good have inverse relationship. An increase in the prices of a good will lead to fall in the demand of a good and viceversa.
Why aren't the prices in a collusive oligopoly unlikely to fall?
Prices in a collusive oligopoly are unlike to fall, because if prices fall that only benefits the consumer, so the firms will not do it. Also in a collusive oligopoly firms get together and FIX the prices, which answers the question.
How do changes in supply affect prices?
When supply is plentiful, prices fall, when items are scarce, the price rises.
How do falling interest rates and falling prices influence total demand in the economy?
When interest rates fall, money costs less to borrow. If prices fall, goods are easier to purchase. If consumer confidence is good, people and businesses may be tempted to borrow to buy goods at low prices. Low prices and low interest rates are often the result of poor consumer confidence as business need to lower prices to stimulate demand.
What are the effects of increasing interest rates on inflation and consumer prices?
Increasing interest rates make the cost of borrowing funds higher. Due to the higher cost of borrowing the consumer prices typically fall which lowers the rate of inflation. Consumer prices fall because consumers are less likely to use credit to make purchases and when they do a higher percentage of their assets go towards paying interest and in turn lowering their buying power.
What is the consumer prices for the US?
It is used for measuring inflation. It will track a basket of goods over a period of time measuring the cost along the way. The rise and fall of inflation is based on the consumer price index.
How may changes in prices affect the demand for a good?
Price and demand of a good have inverse relationship. An increase in the prices of a good will lead to fall in the demand of a good and viceversa.
How will health care reform vote affect health insurance stock prices?
Prices may increase if all people are required to buy insurance, but if this is deemed unconstitutional (likely to be the case), expect prices to fall.
Why did consumer demand fall in the 1930's?
why businees fall of demand for the productjknjiihjikjhk
Why are squirrels busy in the fall?
They are saving up for the winter.
What happens if the euro rises against the dollar?
If the Euro rises against the Dollar, this will affect the prices of imports and exports. The prices of European exports to the United States will rise and be less affordable for Americans. The prices of American exports to Europe will fall and become more affordable to Europeans.
When does the fall season 2008 start for the series Saving Grace?
September 22 is when fall starts!
Explain what happens if the euro rises against the dollar?
If the Euro rises against the Dollar, this will affect the prices of imports and exports. The prices of European exports to the United States will rise and be less affordable for Americans. The prices of American exports to Europe will fall and become more affordable to Europeans.
