Response lag is the time it takes for corrective fiscal and monetary policies to result in changes since the time of their implementation.
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Low-ball offer is a slang term nominating an offer which is much below the seller’s asking price.
The long run is a period of time in which all factors of the matter at hand are variable.
A marketing mix includes four Ps: product, price, placement, and promotion as multiple areas of focus as part of a working marketing plan.
Marubozo is a type of candlestick formation in a trading chart that indicates that security's price did not trade beyond the range of the opening and closing price.
Passive income is earnings coming from rental property, limited partnership or other enterprise and businesses where a person doesn’t have to do anything to earn the money.
Relativity trap is a psychological trap which leads consumers to make irrational choices when making spending decisions. This trap can be spotted in traders’ decision-making process as well.
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