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Which word best describes the economy of the oil-producing states after the sharp decline of oil prices in the 1980s?
butt cheeks
What is the effect on the government when the economy is in decline?
prices rise
Which of the terms describes an economy in which prices form the basis for economic decisions?
market or market economy
Which word best describe the economy of the oil-producing state after the sharp decline of oil prices in the 1980s?
butt cheeks
What of these occurs during the decline of prices due to insufficient money supply?
During the decline of prices due to insufficient money supply, a deflationary spiral can occur. This leads to decreased consumer spending, as people anticipate lower prices in the future and postpone purchases. Businesses, facing reduced demand, may cut production and lay off workers, resulting in higher unemployment. Ultimately, this cycle can further contract the economy and exacerbate the decline in prices.
Which word best describes the economy of the oil-producing states after the sharp decline of oil prices in the 1980s?
butt cheeks
What is the effect on the when the economy is in decline?
prices rise
What is the effect on the government when the economy is in decline?
prices rise
Which of the terms describes an economy in which prices form the basis for economic decisions?
market or market economy
What describes an economy in which prices form the basis for economic decidions?
market
Which word best describe the economy of the oil-producing state after the sharp decline of oil prices in the 1980s?
butt cheeks
What of these occurs during the decline of prices due to insufficient money supply?
During the decline of prices due to insufficient money supply, a deflationary spiral can occur. This leads to decreased consumer spending, as people anticipate lower prices in the future and postpone purchases. Businesses, facing reduced demand, may cut production and lay off workers, resulting in higher unemployment. Ultimately, this cycle can further contract the economy and exacerbate the decline in prices.
What is it called when there is a decline or expected decline in stock prices across the entire stock market?
A decline or expected decline in stock prices across the entire stock market is referred to as a "bear market." This term typically describes a market condition where prices fall by 20% or more from recent highs, often accompanied by widespread pessimism and negative investor sentiment. Bear markets can occur due to various factors, including economic downturns, rising interest rates, or geopolitical events.
When are gas prices going down below 4gallon?
The price of gas has gone down because demand for it is down, primarily because of a huge decline in the economy. -k1
Will housing prices go up or down in the shadow of the huge US bailout?
Probably the price decline will continue, but in the long term, the rescue plan should help housing prices recover as (or if) our economy improves. Growth in the economy should result in lower unemployment and better wages that usually augers well for home prices. Of course, there are many factors at play, and certainly, higher oil prices mean less disposable incomes, and negatively affect prices.
Who determines prices in a market economy?
in a market economy.. the prices are decided by demand and supply....or compention
What kind of market is when there's a decline or expected decline expected decline in stock prices across the entire stock market?
Bear
What happened to gas prices in 2014?
In 2014, gas prices experienced a significant decline, primarily due to a surplus in global oil supply and increased production from the U.S. shale oil boom. Prices fell from over $3.50 per gallon at the beginning of the year to around $2.00 by December. This sharp decrease was also influenced by OPEC's decision not to cut production levels, leading to a further drop in oil prices. The decline in gas prices had a notable impact on consumer spending and the overall economy.
What economic indicator describes the process of generally declining prices?
Deflation describes the process of generally declining prices.
How does inflation contribute to the decline of purchasing power in the economy?
Inflation reduces the value of money over time, causing prices to rise. This decrease in purchasing power means that the same amount of money can buy fewer goods and services, leading to a decline in overall economic purchasing power.
What is the average used car price in the US?
The average used car price in the United States for 2011 was $11822. Prices have been increasing over the past few years do to the decline in the US economy.
What will raise consumer expenditures?
A general decline in housing prices
What is it called when GDP figures decline but prices rise?
stagflation
What did investors fear as a result of the new tariffs?
A decline in prices
Which of these is deflation?
the decline of prices due to insufficient money supply A+
