Question

State the three causes of Demand

Answer 1

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A shift to the right in the demand curve can occur for a number of reasons: Income. An increase in disposable income enabling consumers to be able to afford more goods. Higher income could occur for a variety of reasons, such as higher wages and lower taxes.

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Answer 2

Answer:

Following are some causes of demand:

• Growing economy
• Asset inflation.
• Government spending.
• Inflation expectations.
• More money in the the system.

Explanation:

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