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Price is inversely related to quantity demanded because as price rises, consumers substitute other goods whose price has not risen.
If prices go up,a unit of money-a dollar is worth less because it will buy less, if prices go down, a dollar is worth more because it will buy more.
elastic
fact that price and quantity supplied are inversely related
yes
Price is inversely related to quantity demanded because as price rises, consumers substitute other goods whose price has not risen.
If prices go up,a unit of money-a dollar is worth less because it will buy less, if prices go down, a dollar is worth more because it will buy more.
elastic
The equity markets and the dollar price are inversely related because when the dollar strengthens against all the major currencies, the prices of the commodities usually drop.
fact that price and quantity supplied are inversely related
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.
The YTM on a Bond versus it's Price is inversely related. Thus when the Price of the Bond Increases, the YTM Decreases.
The price is inversely related to yields (interest rates). This means as rates rise, prices fall.
The price is inversely related to yields (interest rates). This means as rates rise, prices fall.
This is in accordance to the Demand & Supply Theory... When the demand for a product is high and its supply is low, this usually causes the price of that commodity to increase Similarly when supply for a product is high and the demand for that product is low, it causes the price of that product to decrease. Hence the supply is inversely related to the price of any product (Provided the Demand is in accordance to the two points mentioned above)
The major factors that affect the demand for money are price level, interest rates, economy, and the price of money.