Examlex
The value of a currency expressed in terms of gold is called its ________.
Demand
The quantity of a good or service that consumers are willing and able to purchase at a given price.
Increase
A rise in the quantity, size, number, or degree of something.
Demand Curve
A graph showing the relationship between the price of a good or service and the quantity of it that consumers are willing and able to purchase at any given price.
Expectations
The anticipations of consumers, firms, and others about future economic conditions, which can influence their decisions today.
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