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When the economy is in an expansion phase, there is an increased

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When the economy is in an expansion phase, there is an increased demand for goods and services. During this phase, prices rise for goods and services where demand is greater than supply such as education. Do you agree with that statement? Secondly, when there is a downturn such as what the world is experiencing now, supply can be greater than demand. But price for most goods and services do not go down and neither do wages. Why not? Do you agree with that statement?
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