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Dr. Baker's purported demand shift is not visible in the unemployment data.
First, what was the demand shift experienced by elderly workers that was so large as to completely offset the demand shift purportedly experienced by the rest of the population?
Nick Dunning, group commercial director at Countrywide, said: "2013 saw the focus of demand shift sharply northwards after several years of more stable levels of supply and demand.
They know enough to know that if there is a demand shift, not only is it OK to raise prices, but you should raise prices in order to clear the market.
This paper focuses on how on-going energy demand, shift in water depth and heavy crude oil type are creating huge obsolescence issues especially software in the offshore oil and gas industry.
It is therefore likely that prices will stabilize at recent lower levels through 2013 and 2014, but that the mine supply trend, the structural demand shift in China, and a slowly recovering global economy should see diamond shortages making their mark on prices in 2015-2020.
Similar(35)
Sudden demand shifts and price fluctuations will become more frequent.
Demand shifts from Brazil to other countries, lowering demand and reducing payments for Brazilian products.
You can't draw conclusions about demand shifts from population numbers alone.
Excessive demand shifting or a high price responsiveness might create new peaks during low-demand periods.
The focus of this paper is on demand shifting in the residential and commercial sector.
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