GED® Social Studies: Markets, Money & Personal Finance › 2. Supply, Demand, and Prices
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2. Supply, Demand, and Prices

GED® Social Studies: Markets, Money & Personal Finance · preview lesson

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Demand shows how much buyers want at different prices. Supply shows how much sellers offer at different prices. Where supply and demand meet is equilibrium. Shortages tend to push prices up; surpluses tend to push prices down.

References: Federal Reserve: Monetary Policy

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