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When Both Supply and Demand Shift in the Same Direction,the

question 44

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When both supply and demand shift in the same direction,the change in the equilibrium quantity traded will be in the same direction as the shifting curves.

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Definitions:

Persistent

Enduring over a prolonged period; continuing to exist or occur, especially in spite of difficulty or opposition.

Irrational Fear

An excessive or unreasonable fear response to a particular object, situation, or activity that poses little to no actual danger.

Specific Object

A particular item or thing that is distinct or separate from others.

Panic Attacks

Sudden episodes of intense fear or discomfort, often with physical symptoms like heart palpitations and dizziness.

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