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Near the end of the model year,Move-Them-Out automobile dealership had an unusually high inventory level.The manager increased her advertising spending and gave extra incentives to its salespeople.Move-Them-Out operates as if it were in the __________ era.
Inflation Rate
The percentage increase in the general price level of goods and services in an economy over a specified period.
Money Supply
Money Supply denotes the total volume of money available in the economy, including cash, coins, and balances held in checking and savings accounts.
Value of Money
Refers to the purchasing power of money, or how much goods and services a unit of money can buy.
Real Interest Rates
The interest rate adjusted for inflation, reflecting the true cost of borrowing and the real yield to the lender or investor.
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