0
When prices rise, income buys less.
Wiki User
∙ 6y ago
Add your answer:
Earn +20 pts
Happens when prices rise quickly?
an inflation ;)
What happens when oil prices rise?
Blush thank boo
Why did stock prices rise in the 1920's?
During the 1920's, people received more income. So, they spent more and stock prices began to rise.
What happens to prices when demand is greater than suply?
They rise. Supply & demand.
What happens to prices and output in short run when Short-run aggregate demand shifts left?
Prices rise, output rises
Happens when prices rise quickly?
an inflation ;)
Happens when prices rise very quickly?
an inflation ;)
What happens when oil prices rise?
Blush thank boo
Why did stock prices rise in the 1920's?
During the 1920's, people received more income. So, they spent more and stock prices began to rise.
What happens to prices when demand is greater than suply?
They rise. Supply & demand.
Why in these times when inflation happens as a consequence of prices rising its considered a threat but in the 60s when prices rose under normal circumstances it was not considered a threa?
In normal circumstances prices rise gradually ,but in times of inflation they rise rapidly
What happens to prices and output in short run when Short-run aggregate demand shifts left?
Prices rise, output rises
What happens if incomes rise and demand increases?
we would pay a lot of money in income taxes
What happens to demand when income increases and the commodity does not grow?
When income rises, and the quantity of a commodity remains stable, one can expect a number of things to happen. One is that the price of the commodity will rise. That of course ties into the fact that demand will rise with higher income. Eventually, however, the quantity of the commodity will rise to meet demand.
If there is an increase in the money supply that cause money to lose it purchasing power and leads to inflation what happens to prices?
they rise
If there is an increase in the money supply that causes money to lose its purchasing power and leads to inflation what happens to prices?
they rise
If prices rise but income stays the same what is the effect on the quantity demanded?
If the price rises, the quantity demanded declines. .
