S3 3.3 Flashcards
1
Q
What is fundamental analysis?
A
Study of the factors that affect supply and demand of underlying commodities
2
Q
What causes commodity prices to escalate?
A
Political and economic instability
3
Q
Supply Elasticity
A
How changes in price affect supply
4
Q
Demand Elasticity
A
How changes in price affect the demand for a commodity
5
Q
Which federal policies affect prices?
A
Taxes, monetary policy, agricultural policy