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Which of the Below Is NOT a Factor That Has

question 23

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Which of the below is NOT a factor that has led to the integration of financial markets?


Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, which outlines a hierarchy of human needs from basic physiological needs to self-actualization.

Price Elastic

The degree to which the demand for a product changes in response to a change in its price.

Price Inelastic

Characterizes a situation where the demand for a good or service does not significantly change with a change in its price.

Price Volatile

Refers to sudden and significant price changes within short periods, often seen in markets for commodities or securities.

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