Examlex
Which of the following would cause both the equilibrium price and equilibrium quantity of potatoes (assume that potatoes are an inferior good) to decrease?
Stock Market
A public marketplace for buying, selling, and trading shares of public companies.
Depression
An extended period of significant decline in economic activity across the economy, characterized by high unemployment, low output, and deflation.
Technological Development
Technological development involves the process of researching, innovating, and implementing new technologies to improve or create products, services, and processes.
Banks Closed
"Banks Closed" refers to situations when banking institutions are not operating, which could be due to holidays, strikes, financial crises, or regulatory actions.
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