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Recent stock market swings have rattled investors. What do they mean for consumers who may not have money tied up in stocks?
there is perfect information = all buyers and sellers have complete information on the prices being asked and offered in other parts of the market; and (f) there is perfect freedom of entry to and ...
The result is a steady progression toward that theoretical ideal of a perfect market — a single, liquid marketplace for all assets with minimal transaction costs, maximum price transparency ...
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