Business 7 (Money Value/Supply Demand)

Match it! Select the correct answer from the pull down...Good luck!

On a supply and demand graph; when we say that something increases, what direction do we move the respective line?

Thinking back to the picture of the children playing with the money after WWI. What is the perceived value of the German currency?

Inflation causes the cost of things to...

The Minnesota Vikings win the Super Bowl (I can dream right)? What would happen to the demand for Vikings apperal?

A one dollar bill and a twenty dollar bill have the same value. A person who thinks this is using what value for money?

If the demand for an item remains the same, but the price drops; what will happen to the price?

It is common practice for teams who win championships to have custom t-shirts made to celebrate the occasion. Understanding that the demand for these shirts would increase; what will happen to the price of the shirts?

The demand for milk greatly increases. What will happen to the quantity offered?