Macroeconomics

‭Demand increases ↑‬ ‭(shifts right)‬

‭P ↑‬

‭Q ↑‬

‭X → Y‬

‭Demand decreases ↓‬ ‭(shifts left)‬

‭P ↓‬

‭Q ↓‬

‭X → Z‬

‭Demand increases,‬ ‭supply increases‬

‭P ↕‬ ‭(indeterminate)‬

‭Q ↑‬

‭Indeterminate because‬ ‭change in P is‬ ‭indeterminate‬

‭Demand increases,‬ ‭supply decreases‬

‭P ↑‬

‭Q ↕ (indeterminate)‬

‭Indeterminate because‬ ‭change in Q is‬ ‭indeterminate‬

‭Demand decreases,‬ ‭supply increases‬

‭P ↓‬

‭Q ↕ (indeterminate)‬

‭Indeterminate because‬ ‭change in Q is‬ ‭indeterminate‬

‭Demand decreases,‬ ‭supply decreases‬

‭P ↕‬ ‭(indeterminate)‬

‭Q ↓‬

‭Indeterminate because‬ ‭change in P is‬ ‭indeterminate‬

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