If People Believe That Prices Are Going to Be Higher

question 5

Multiple Choice

If people believe that prices are going to be higher in the future then they are today, they will

• A)wait until the future to purchase the things they wand
• B)decrease their demand now
• C)increase their demand now
• D)increase their supply now
• E)save more today so they have the income to buy more in the future

---

Definitions:

Cladode

A type of stem that resembles a leaf, functioning in photosynthesis, found in plants such as cacti and certain succulents.

Photosynthetic Stem

A stem that performs photosynthesis, similar to leaves, commonly found in plants living in arid environments.

Succulents

Plants with thick, fleshy parts adapted to store water, enabling them to survive in arid conditions.

Stolon

A horizontal branch from the base of a plant that produces new plants from buds at its tips, contributing to asexual reproduction and spreading.