5.4.1 - Increase in Demand
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Practice Questions
Test your understanding with targeted questions
What is the relationship between higher income and demand?
💡 Hint: Think about how people act when they have more money.
What does population growth mean for market demand?
💡 Hint: Consider how more people mean more needs.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is demand-pull inflation?
💡 Hint: Recall what happens when demand exceeds supply.
True or False: Higher incomes can lead to an increase in demand.
💡 Hint: Consider how spending habits change with income.
1 more question available
Challenge Problems
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Evaluate the effects of a significant rise in government-funded infrastructure projects on local economies. Discuss both opportunities and risks.
💡 Hint: Reflect on how investments can have mixed outcomes.
Assess the potential impact of a global pandemic on demand in various sectors. Identify which sectors may benefit and which may struggle.
💡 Hint: Consider how consumer behavior changes during crises.
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