M2M economy is economic condition where transactions and economic operations are conducted between two machines rather than two people. AI is developing so fast that sooner or later it is going to become an every-day thing for us.

 

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Options backdating is a practice of giving the option the price dated prior to the actual date of the issuance of the option. This way the price can be lower than the actual price of the option.

 

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Inelastic is a term that is used to describe a constant demand for service of goods. That means that when the price for a service or goods goes up the demand stays the same, just like when the price for them goes down.

 

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