Question
Draw the supply and demand curves for each of the next sections with the given data about country X: Product market: lower customer spending, lower
Draw the supply and demand curves for each of the next sections with the given data about country X:
- Product market:
lower customer spending, lower GDP, lower PMI
draw with inflation as X-axis and GDP as Y-axis.
- Factor market:
Lower unemployment, higher wages due to inflation
draw with wages as X-axis and Quantity as Y-axis.
- Financial market:
higher interest rate, higher money supply, lower household to GDP ratio
draw with Interest Rate as X-axis and Saving and borrowings as Y-axis.
- Foreign market:
Lower demand for the country's currency, lower account surplus, but the country has strict rules to avoid a free-falling of this (3 lines for demand)
draw with Consumer confidence as X-axis and Retail sales as Y-axis.
please only draw the curves and nothing else
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