Because there is heterogeneity among buyers in the valuation of a given house, sellers set prices strategically. When demand falls, sellers rationally lower their prices, but not by enough to keep the probability of sale constant. As a result, inventories grow....
Why is there likely to be a rise in demand for university places globally?相关知识点: 试题来源: 解析 人口增长和青年人口增加;经济发展与收入水平提高;就业市场对高学历需求上升;技术进步推动技能需求;政策支持和教育普及;国际学生流动增加。 1. **人口增长与青年人口**:许多发展中国家经历人口增长,适龄学生...
Demand, Information, and Competition: Why do Food Prices Fall at Seasonal Demand Peaks? James M. MacDonald The Journal of Industrial Economics, Vol. 48, No. 1. (Mar., 2000), pp. 27-45. Stable URL: http://links.jstor/sici?sici=0022-1821%28200003%2948%3A1%3C27%3ADIACWD%3E2.0.CO%...
When inflation is stable and moderate, investors have lower expectations of high market returns. Conversely, expectations rise when inflation is high. When inflation rises, so do prices in the economy, leading investors to require a higherrate of returnto maintain theirpurchasing power. If investors...
The Bank of England's target is to keep inflation at 2%. But it's felt that hovering around the 3.3% mark will keep it within an acceptable range. "All this will make for a relatively noisy report at a time when the Bank of England is eagerly trying to figure what to d...
It’s important to note that gold prices have historically been volatile and have fluctuated quite a bit over time. The price of gold, like any other commodity, is subject to the laws of supply and demand. When the supply of gold is low and demand is high, the price will rise. ...
“What we need to address is systemic problems. Because the system is entirely private, there’s very little that the government can do to intervene in this.” HOW DOES THE UK COMPARE WITH EU NEIGHBORS? Energy prices are rising in other European countries, too, but people in some countries...
Why doesn't minimum wage keep up with inflation? Should it rise when everyone else gets a COLA? Why do unions support minimum wages, and how does an increase in the minimum wage increase the demand (not necessarily wages) for union labor? Explain with economic reasoning only...
C. Because pet grooming is cheaper than before. D. Because there are fewer pet groomers. 相关知识点: 试题来源: 解析 B。解析:人们希望自己的宠物看起来漂亮,所以对宠物美容服务的需求在增加。A 选项宠物不一定比以前更脏;C 选项宠物美容不一定比以前便宜;D 选项宠物美容师少不是需求增加的主要原因。
Bitcoin's recent price rise coincides with rising capital inflows into US spot Bitcoin exchange-traded funds (ETFs), highlighting the growing demand for regulated exposure to the cryptocurrency. Spot Bitcoin ETFs have recorded inflows 18 out of the last 21 days, accumulating a total of $6.9 billi...