TERMIUM Plus®

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EXCESS DEMAND [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1997-08-14

English

Subject field(s)
  • Pricing Theory
  • Laws of the Market (Economy)
  • Labour and Employment
CONT

... any departure of P [the price level] above equilibrium creates an "oversupply" condition leading back to equilibrium, and that any fall in P below equilibrium creates an "excess demand" that bids P back up to restore the equilibrium.

French

Domaine(s)
  • Théorie des prix
  • Lois du marché (Économie)
  • Travail et emploi

Spanish

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