31. He said there is no chance of excess demand if a later start-up date for the container terminal is set. 32. They were spread 6 weeks apart and were thought to be similarly caused by excess demand during a hot summer. 33. Greenspan even detailed how frothy stock prices have contributed to excess demand for goods, in spite of rising interest rates. 34. The sale could raise $ 265 million in proceeds if underwriters exercise the full over-allotment option to fill excess demand . 35. Net Result of a Bubble : The one true constant with all bubbles is that they create excess demand and production. 36. Over the next three months, we could see excess demand in a number of markets and that could mean higher wages. 37. If the price is lower than the equilbrium price, excess demand will normally be positive, meaning that there is a shortage. 38. For example, if the task is to dial the phone then no excess demands are being placed on any one component. 39. However, it is very much in keeping with a premodern milieu of restricted supply, excess demand and multifarious channels of distribution. 40. As he put it in his speech, " Even in the new economy excess demand ultimately drives up inflation . . ..