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Similarly, if the amount of money demanded falls short of the amount supplied, an individual may decide to reduce his cash balance by increasing his disbursements but the money stays in the system; incomes will rise all around.
In economics, the law of demand states that, all else being equal, as the price of a product increases quantity demanded falls; likewise, as the price of a product decreases, quantity demanded increases [14].
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At the same time, demand falls.
When individual chains start charging customers for bags, demand falls.
Overall demand falls, making the private sector even worse off.
When private-sector demand falls, government picks up the slack.
Suppose aggregate demand falls for some reason, say a global financial crisis.
The universities minister also says he expects some universities to shrink if student demand falls.
"It has become much more challenging as demand falls, supply builds up and price competition intensifies".
As a result, the commodity's price is rising even as demand falls.
After all, as resources become scarcer or more difficult to extract, prices rise and demand falls.
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