Thursday 22 October 2009

Economists with any brains left

Why Don't Prices Decline During A Recession?


ANSWER

2 comments:

Lysova Vasilisa said...

When there is economic growth, demand exceeds supply for goods and services, which take much time to increase supply, and thats why prices go up. But when it is economic recession, supply exceed demand, but prices are still the same.

Lysova Vasilisa said...
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