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What is the definition of herding and how does it contribute to bubbles?
Barrel Of Oil
A unit of measure for crude oil and other petroleum products, equivalent to 42 U.S. gallons.
Energy Efficiency
The measure of how well energy is converted into desired outputs, with higher efficiency indicating less energy waste.
U.S. Economy
The economic system of the United States, characterized by a mixed economy that supports free market activities while also having government intervention in certain sectors.
Goods And Services
The products (goods) and activities (services) offered in the market for purchase, representing the output of an economy’s production.
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