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During periods of high and variable inflation,which of the following is unlikely to occur?
Factor Market
A marketplace where factors of production such as labor, capital, and natural resources are bought and sold.
Firms
business organizations engaged in the production and sale of goods and services, operating with the motive of earning profits.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision or choosing a particular action.
Labor Resource
Human work effort, both physical and mental, utilized in the creation of goods and services.
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