Podcast: Price Signals
Description Return to Resource List
- Title
- Podcast: Price Signals
- Reserve Bank
- St. Louis
Summary
Prices send signals and provide incentives for buyers and sellers in ways you possibly never thought about. In a market economy, price signals prevent massive shortages and ensure that consumer wants are largely satisfied. In this podcast, hear how price signals from gas prices influence decision-making for both a father of three and a production supervisor for an oil refinery. Do you see price signals influencing decisions in your life?
Additional Information
| Types |
|
Podcasts
|
| Topic |
|
Economics |
| Target Audience |
|
General Public |
| Grade Level |
|
9-12 |
| Keywords |
| prices, market, price, price, controls, producers, consumers, sellers, buyers |
| Education Standards |
|
