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.
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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.
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