Length should be 3 – 5 pages, typed, double-spaced. Please use a font as large as 12.
What is demand? Use your own word to describe it.
Describe the five determinants of demand. Give an example of a situation in which each determinant shifts the demand curve either to the left or to the right. What does that shift mean? What is the supply? Use your own words to describe it.
Describe the six determinants of supply. Give an example of a situation in which each determinant shifts the supply curve to the left or to the right. What does this shift mean? For more information on Macroeconomic check on this: https://en.wikipedia.org/wiki/Macroeconomics
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