When the price of most types of products goes up, demand for them tightens. Except for a couple of special cases.
An economy’s output of goods and services is the sum of four components ... strong forces often dampen demand as spending goes down. For example, during economic downturns uncertainty often erodes ...
Economics is the study of how societies organize production, distribution, and the exchange of goods and services and about choices on how scarce resources are allocated to satisfy human wants. Who ...