Examlex
The euro zone is comprised of the
Y Axis
The vertical axis in a graph or chart, typically used to represent the range of a second variable in comparison to the first variable on the X axis.
Demand Curve
A graphical representation of the relationship between the price of a good and the quantity demanded.
Movement
Refers to a change in position, location, or state of an object or concept over time.
Substitute Goods
These are goods that can be used in place of one another, such that the increase in price of one leads to an increase in demand for the other.
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