Examlex
Arguments that have been presented to support IPO underpricing include diminishing the odds that investors will sue investment banks.
Economic Instability
A situation where there is a high degree of unpredictability or fluctuation in the economic performance of a country, often characterized by high inflation, unemployment, and erratic growth.
Monetarists
Monetarists are economists convinced that changes in the amount of money circulating significantly impact a country's production in the short term and affect its price levels over extended durations.
School of Economics
An academic discipline that studies the production, distribution, and consumption of goods and services.
President Nixon
The 37th President of the United States, serving from 1969 to 1974, known for his foreign policy achievements and his resignation in the wake of the Watergate scandal.
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