Ask your own question, for FREE!
Economics - Financial Markets 8 Online
OpenStudy (anonymous):

During times of economic growth, people are buying mor or less goods and services

OpenStudy (anonymous):

More

OpenStudy (rina.r):

yup i agree with @ArbabShah its More.

OpenStudy (anonymous):

They are buying more goods and services. Go back to the definition of economic growth. If a greater output is produced by producers, obviously consumes would would to satisfy more of their needs and wants right?

OpenStudy (anonymous):

And this in turn leads to higher prices for some commodities (e.g. houses ) leading to stuff like real estate boom ( A no. of different criteria needs to be fulfilled in order for it to be considered a bubble but i know all this is out of scope).

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!