Examlex
In response to the financial crisis,the Fed effectively lowered interest rates to __________ percent.
Bidders
Individuals or entities that offer a price for goods, services, or assets in an auction or tender process, competing to make the purchase.
Bid-rigging
An illicit agreement between parties to fix the outcome of a bidding process to benefit at least one of the participants.
Cartels
Associations of independent businesses formed to regulate production, pricing, and marketing of goods to restrict competition.
Auctions
Auction systems in which products or services are offered to the person who presents the highest offer.
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