Answer to Question #65491 in Macroeconomics for a

Question #65491
Consumers expect car prices to rise in the near future. Supply or demand? Increase or decrease?
1
Expert's answer
2017-02-24T15:02:06-0500
Increase in car prices in the near future will stimulate consumers to buy more cars now. As a result, the demand curve will shift to the right. This means the demand will increase.

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