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Using the demand and supply analysis try to describe the recent increase in wheat prices worldwide?

demand and supply analysis try to describe the recent increase in wheat prices worldwide


What occurs when there is an increase in prices that decreases the amount of a good or service you can bu?

Inflation is the word used to describe a general increase in prices and reduction in purchasing power of money.


Which of these does not describe a weak economy?

The government will assume a contractionary fiscal policy position.


What terms best describe an increase in the general market price prices of goods and services?

Inflation


To hike prices is an informal usage?

Yes, "to hike prices" is an informal phrase commonly used in everyday language to describe increasing prices, particularly in a sudden or significant manner. It conveys a sense of abruptness and can imply that the price increase is more than just a routine adjustment. In formal contexts, one might use terms like "to increase prices" or "to raise prices" instead.


What explains why buying a single family home in a city is a good investment?

Housing prices in cities generally increase more quickly than anywhere else.


Do prices increase during a depression?

it will increase


What was not a consequence of the plague anti-semitism decline in trade increase in food prices increase in the price of labor?

Increase in food prices


What best explains why buying a single-family home in a city is a good investment?

Housing prices in cities generally increase more quickly than anywhere else.


What best explains Why buying a single family home in city is a Good investment?

Housing prices in cities generally increase more quickly than anywhere else.


When the price of a capital good increase what happens to the prices of related consumer goods and services Why?

Prices increase due to the increase in production costs.


When the price of a capital good increase what happens to the prices of related consumer goods and services?

Prices increase due to the increase in production cost.