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☆☆☆☆☆Federal Funds Rate
quantity theory: Theory that too much money in the economy causes inflation.
by a shift to the right of the demand curve
Workers at a major battery factory go on strike and stop production.
If there was a change in the price of batteries would indicate movement along the supply curve. For example if the battery manufacturer raised the price of AA batteries from 3.50 to 3.95 since it would cause movement along the curve. In an ideal economics situation the price would change if the demand shifts or the supply shifts or the change in price will fall back to being equal.
The good becomes more expensive to produce.
it rations goods
monopolistic competition
prices on world oil markets rise steely due to war in the middle east
They are called leading indicators. Things such as a drop in sales or foot traffic are all considered leading indicators.
As the price of a good rises, the amount of the good supplied rises.
more accurate
investment increases
1.5 million
Upgrades to its mixing equipment allow the plant to make more bars.
