Or another way to think of it is, is this entire demand curve.

When everything else is equal and you're only changing price, you're not changing demand.

And then the last one we'll talk about

Let me write that in green.

This curve would shift or the entries in this table would shift.

So population goes up.

The price varies with demand.

When we hold everything else equal, we're moving along a given demand curve.

It isn't so much the money supply, although the money supply will have an effect, it's really capacity utilization.

If we talk about an actual quantity, we should say the quantity demanded.

And so, for any given price point, the demand would increase.

Now let's talk about another one of those factors that we've been holding constant.

That's a demand driver.

So let's look at possible theories.

If we lower the price of a product, that will raise the quantity demanded of that product.

If we change one of those things, we might actually shift the curve.

They decide to sell their house.

Supply is relative to demand.

The price reflects the demand.

The lust denies the need.

WRlTING Demand goes up.

There is more people that have money in their pockets.

This is the total numbers of cupcakes all of the factories in the market can produce.

So, it would shift the demand curve to the right or it would increase demand.

So we'll put price in the vertical axis and we'll put quantity demanded in the horizontal axis.

We're assuming that people's tastes and preferences don't change while we move along a specific demand curve.

And so essentially, it will shift, it will change the entire demand curve.

There is a big market for coffee.

I'd rather have than just getting more of this thing right over here

So, income goes up, then that increases demand.

Scenario E, I raise it to 10.

And so if income goes up for this laptop, the demand will increase.

Even the new Jack 2 field in the gulf of Mexico would only supply a few months of domestic demand.

Here is the demand forecast for 1998.

All the movements stopped at falsifying.

Actually, we're going to start with aggregate demand and then start talking about aggregate supply.

So income goes down, demand goes up.

In future videos we'll talk about how the entire relationship, how demand changes based on different factors.

And yet what we proved then is the U.S. has more market power than OPEC.

So this is actually changing our demand, it's changing our whole relationship.

And if there's more cash in the banking system this guy right over here needs less

So I get to 8 now.

The supply demand balance is tight.

It got 55 votes in the Senate but Republicans blocked it.

Treasuries.