Examlex
Explain the different ways products can be differentiated, providing an example of each.
Open Market
A freely competitive market in which any buyer or seller can participate, characterized by the absence of monopolies or exclusive control.
Government Bonds
Debt securities issued by a government to finance its expenditures, often backed by the government's ability to tax its citizens.
Money Supply
The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances in bank accounts.
Market Rate
The prevailing interest rate available in the marketplace on a given financial product or the current price of a commodity or service.
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