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SAVINGS AND LOAN ASSOCIATION: A depository institution chartered by the Federal Home Loan Bank that was established to assist home owners with low-cost mortgage loans using savings deposits. However, S&Ls have expanded their activities and now provide most of the services of traditional banks, including checkable deposits.
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Lesson 5: Market Demand | Unit 3: Demand Curve
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Page: 9 of 20
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This table is a demand schedule presenting the relationship between demand price and quantity demanded. Assumptions: - Ceteris paribus factors do not change.
- Data is for a specific time period.
Observations:- First, higher prices go with lower quantities demanded-the law of demand.
- Second, the prices and quantities are maximum values.
- Third, demand is the whole set of price/quantity pair numbers. Quantity demanded is any single number at the specified price.
- By the way, these numbers are hypothetical.
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FOURTH RULE OF COMPETITION The fourth of seven basic rules of the economy, stating that competition among market buyers and sellers generates an efficient allocation of resources. Competition depends on the relative number of buyers and sellers. The side of the market with fewer numbers generally has relatively less competition and more market control.
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GRAY SKITTERY [What's This?]
Today, you are likely to spend a great deal of time searching for rummage sales looking to buy either clothing for your kitty cats or a set of luggage without wheels. Be on the lookout for vindictive digital clocks with revenge on their minds. Your Complete Scope
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The first U.S. fire insurance company was established by Benjamin Franklin in 1752 in Philadelphia.
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"We succeed in enterprises (that) demand the positive qualities we possess, but we excel in those (that) can also make use of our defects." -- Alexis de Tocqueville, Statesman
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NLREG Nonlinear Statistical Regression
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