Examlex
A 4 percent reduction in the price of a product has zero effect on the dollar amount of consumer expenditure on the product. The price elasticity of demand is
Barter
An exchange method where goods and services are directly traded for other goods and services without using a medium of exchange, like money.
Deregulation
The process of removing or reducing state regulations, typically in the economic sphere, to encourage efficiency and competition.
Bank Failures
Bank failures occur when a bank is unable to meet its obligations to depositors or creditors and is placed under the control of a regulatory agency.
Risky Assets
Assets that carry a significant possibility of loss along with the potential for higher rewards.
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