LAW OF SUPPLY AND DEMAND
An economic theory that shows the relationship between the supply of a certain resource and the demand for that. Generally speaking, if there is a low supply and a high demand for a commodity, there will be a price increase. But, if there is a higher supply and a lower demand, the price decreases. This law defines the availability of a product and the desire for that product on price.
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Gerard Debreu
French-American economist and mathematician who was awarded the 1983 Nobel Memorial Prize in Economics for his general equilibrium theory. He becam ...
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02:01 | Rightmove House Prices | Mar | |
04:00 | Fixed Asset Investment | Feb | |
04:00 | Industrial production | Feb | |
04:00 | Retail Sales | Feb | |
04:00 | Unemployment Rate | Feb | |
04:00 | NBS Press Conference | ||
12:00 | Consumer Price Index | Feb | |
12:00 | Consumer Price Index Core | Feb | |
12:00 | Current Account (sa) | Jan |