An expectation that the price of a good will increase in the future is likely to:
A) increase current demand.
B) decrease current demand.
C) have no impact on current demand.
D) only affect the seller's decisions.

Question

Quizplus · Accepted Answer

An expectation that the price of a good will increase in the future is likely to increase current demand because consumers want to buy the good now at a lower price before it becomes more expensive in the future.

An Expectation That the Price of a Good Will Increase