Answer:
Explanation:
Consumer Price Index (CPI) Explained: What It Is and How It's Used
8 minute and 31 second read time
By JASON FERNANDO Updated December 13, 2022
Reviewed by PETER WESTFALL
Fact checked by PETE RATHBURN
Consumer Price Index (CPI)
Investopedia / Katie Kerpel
What Is the Consumer Price Index (CPI)?
The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending.
The CPI is one of the most popular measures of inflation and deflation. The CPI report uses a different survey methodology, price samples, and index weights than the producer price index (PPI), which measures changes in the prices received by U.S. producers of goods and services.
KEY TAKEAWAYS
The Consumer Price Index measures the overall change in consumer prices based on a representative basket of goods and services over time.
The CPI is the most widely used measure of inflation, closely followed by policymakers, financial markets, businesses, and consumers.
The widely quoted CPI is based on an index covering 93% of the U.S. population, while a related index covering wage earners and clerical workers is used for cost-of-living adjustments to federal benefits.
The CPI is based on about 94,000 price quotes collected monthly from some 23,000 retail and service establishments as well as 43,000 rental housing units.
Housing rents are used to estimate the change in shelter costs including owner-occupied housing that account for nearly a third of the CPI.
Which legislation led to the establishment of the Public Company Accounting Oversight Board? a. Private Securities Litigation Reform Act b. Sarbanes-Oxley Act c. Gramm-Leach-Bliley Act
d. Glass-Steagall Act
The legislation that led to the establishment of the Public Company Accounting Oversight Board (PCAOB) is the Sarbanes-Oxley Act. Option b is answer.
The PCAOB was created as a result of the Sarbanes-Oxley Act of 2002, which was passed in response to several accounting scandals that occurred in the early 2000s, including the Enron and WorldCom scandals. The PCAOB is responsible for overseeing the audits of public companies and protecting the interests of investors by promoting informative, accurate, and independent audit reports.
Option b is answer.
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if two restaurant managers disagreed about which restaurant should get additional funds to pay for extra staff on the restaurant floor, what would be the source of their conflict?
The source of their conflict is most likely due to limited resources that need to be allocated to only one restaurant.
When two restaurant managers have a disagreement about which restaurant should get extra funds to pay for additional staff on the restaurant floor, the source of their conflict would most likely be because of limited resources that need to be allocated to only one restaurant. For example, if there is only a certain amount of money available to hire additional staff, then both managers may argue and give reasons why their restaurant needs the funds more than the other. They could argue that their restaurant is the busiest and therefore needs the additional staff more, or that their staff is overworked and needs more help. In most cases, both managers would argue in favor of their own restaurant, as both restaurants have a vested interest in getting the additional funds.
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Find the interest on the following loan.
$1050 at 5.5% for 9 months
Answer: The answer would be $57.75
Explanation:
1050 x 0.055(the interest rate) = 57.75
Can I have brainliest? It would help me out, if not thanks anyways! Hope this helped and have a nice day!
1. Which of the following is the term for the overall impression gathered from information
that is seen, heard and experienced by customers who encounter a business, its products
and services?
A. Brand promise
B. Positive feeling
C. Company culture
D. Company brand
The answer is D company brand
Company brand is the term for the overall impression gathered from information that is seen, heard and experienced by customers who encounter a business, its products and services. Hence, option D is correct.
What is a Company brand?The brand of a firm serves as its identity and is one of the most valuable aspects of the enterprise. Consumers recognize brands, and rivals are wary of them. The marketing of a company's products must include strong company branding.
Despite the fact that brands are typically immaterial, we frequently connect them to things like products and names. Apple, Nike, Coca-Cola, Advil, and Tylenol are a few examples.
A firm is made up of workers who cooperate to accomplish a common objective. A brand, which is the personality of the company, is represented through specific aspects of the goods that a company makes. For instance, an apple may serve as the company's logo, mascot, and social media icon for an apple packaging company.
Thus, option D is correct.
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33Q. When it comes to the customer's expectations, _________first, __________ second!
When it comes to the customer's expectations, putting their needs first and their wants second is crucial.
Customers expect businesses to prioritize their needs and provide the best possible service to ensure that their experience is satisfactory. This includes addressing any concerns they may have promptly and making sure that their inquiries are handled efficiently.
The first step to meeting customer expectations is to understand what they are looking for. This can be achieved through communication with customers and understanding their needs and preferences. By listening to their feedback, businesses can identify areas where they can improve and make changes to enhance the customer experience.
It is also important for businesses to maintain consistency in their service. This means ensuring that customers receive the same level of service every time they interact with the business. Consistency builds trust and helps customers feel more confident in the service they are receiving.
Finally, it is essential to exceed customer expectations wherever possible. By going above and beyond, businesses can create a positive experience that customers will remember and want to repeat. This can include offering personalized service, providing additional resources, or simply being proactive in addressing customer needs.
In summary, when it comes to meeting customer expectations, prioritizing their needs first and wants second, understanding their needs, maintaining consistency, and exceeding their expectations are all key factors that businesses should focus on. By doing so, they can create a positive experience that will keep customers coming back.
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_______ is effective for sharing routine information
Information sharing is effective for sharing the routine information.
What is Information sharing?Information sharing describes the exchange of information between various businesses, individuals, and technological platforms. Widely dispersed networks, intranets, cross-platform interoperability, application porting, and IP protocol standardization have all dramatically accelerated the sharing of information globally. However, the majority of countries have laws that prohibit transmitting personal information without explicit authorization, regardless of how easy the data transfer itself may be. In the United States and Europe, it is against the law to share a person's personal information without that person's express agreement. Information sharing is expanding as more networks and organizations connect up and it becomes easier to share information online. There are numerous additional forms of information sharing that are not illegal.
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suppose the risk-free rate is 6% and the expected return of the market is 14.5%. stock a has a beta of 3. what is the expected rate of return for stock a?
The expected rate of return for stock A is 15.5%.
The expected rate of return for stock A can be calculated using the CAPM, which is a model that describes the relationship between the expected return on an asset and its risk relative to the market. The CAPM formula is:
Expected return of stock A = Risk-free rate + Beta * (Market return - Risk-free rate)
here Risk-free rate is the expected return on a risk-free investment, such as a U.S. Treasury bond, and Beta is a measure of the stock's systematic risk, or the risk that is associated with the overall market.
Given that the risk-free rate is 6% and the expected return of the market is 14.5%, we can substitute these values into the CAPM formula:
Expected return of stock A = 6% + 3 * (14.5% - 6%)
Expected return of stock A = 15.5%
Therefore, the expected rate of return for stock A is 15.5%.
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A national ice cream chain asked its 30 highest paid employees to take a 15% pay cut. Doing this, in response to the recent sales decline, meant no store closures and no downsizing. This could b
Based on the fact that there were no store closures or downsizing, but only a pay cut, this is a Utilitarian approach.
What is a utilitarian approach?When moral decisions are decided based on which option will benefit the greatest number of people, this is referred to as utilitarianism.
Cutting salaries to avoid layoffs as a result of closures and downsizing benefits a larger number of employees, as opposed to the smaller number of executives hence it is utilitarian.
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Which of the following is not a business-to-business (B2B) market.
A. Raw Materials
B. Process materials
C. Major equipment
D. Shopping Goods
Answer:
I don't know the exact answer but I guess it will be option (B) process materials
An organization has a system in place that allows one salesperson to update contact information for a client, simultaneously updating the same information for all other employees.a. True
b. False
True, An organization has a system in place that allows one salesperson to update contact information for a client, simultaneously updating the same information for all other employees.
The salesperson is accountable for greeting clients, serving them notice things within the store, and ringing up purchases. To achieve success as a salesman you need to have wonderful communication skills. an honest salesperson meets sales objectives while remaining polite and useful to customers. Responsibilities of a salesperson are :
Present, promote, and sell products/services victimization solid arguments to existing and prospective customers.Perform cost-benefit and desires analysis of existing/potential customers to fulfill their needs.Establish, develop and maintain positive business and customer relationships. The 5 varieties are the Challenger, the laborious Worker, the Lone Wolf, the connection Builder, and also the drawback Solver. These profiles verify how a salesperson interacts with prospects and closes deals.
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pleace text me back on her if you subscribe
100 points given
Answer:
Im so so sorry but I dont know how to do this
Explanation:
A scientist has samples of both nitrogen (N2) and hydrogen (H2). Both of these substances are odorless, colorless gases at room temperature. The scientist places the samples into a closed flask and heats the flask. A colorless gas that has a strong odor forms. Which of these best describes what happened?'
A.
A mixture formed when nitrogen and hydrogen combined.
B.
A pure substance that is chemically identical to both nitrogen and oxygen formed.
C.
A new compound formed when nitrogen and hydrogen chemically reacted.
D.
A new element formed when oxygen and nitrogen atoms turned into new kinds of atoms.
Answer: C. A new compound formed when nitrogen and hydrogen chemically reacted.
Explanation:
Due to the temperature increase, the atoms of both Nitrogen and Hydrogen reacted chemically with one another and formed a new compound which was still colorless but now had a strong odor as well.
This new compound is known as Ammonia with the chemical composition NH₃. It is formed when Hydrogen and Nitrogen react chemically. Ammonia is a colorless gas with a sharp strong odor.
To satisfy demands for withdrawals, banks keep:
A. discount rates.
B. monetary policies.
C. balance sheets.
D. fractional reserves.
Choose the best answer. Internal operations integration:
The full potential of management information to plan and coordinate operations
The creation of operational linkages with material and service providers
The highest level of the organization to facilitate integration
The knowledge and achievement level essential to developing integrated performance
The joint activities within a firm
Internal operations integration refers to joint activities within a firm aimed at achieving the full potential of management information, creating operational linkages, facilitating integration at the highest level of the organization, and developing integrated performance. The best answer would be "The joint activities within a firm."
Internal operations integration encompasses the coordination and alignment of various activities within a firm to optimize performance and achieve organizational goals. It involves integrating different functions, departments, and processes to enhance efficiency and effectiveness."The joint activities within a firm" best capture the essence of internal operations integration. It signifies the collaborative efforts and coordinated actions taken by different stakeholders within the organization to streamline operations, improve communication, and drive overall performance.
Internal operations integration enables the full potential of management information to be realized. By aligning information systems, data, and analytics across different functions, it allows for better planning, decision-making, and coordination of operations. This integration ensures that relevant and accurate information flows seamlessly throughout the organization, enabling managers to make informed choices and allocate resources efficiently.
Moreover, internal operations integration involves creating operational linkages with material and service providers. This means establishing strong relationships and collaboration with suppliers and partners to ensure a smooth and integrated supply chain. By aligning processes, systems, and goals with external stakeholders, organizations can enhance their operational efficiency, reduce costs, and improve customer satisfaction.
At the highest level of the organization, internal operations integration facilitates integration across various functions and departments. It involves aligning strategic objectives, establishing clear communication channels, and promoting a shared vision and culture throughout the organization. This top-down approach ensures that all levels of the organization work in harmony towards common goals, fostering a cohesive and integrated operational environment.
In summary, internal operations integration encompasses joint activities within a firm that aim to leverage management information, create operational linkages, facilitate integration at the highest level, and develop integrated performance. By fostering collaboration, aligning processes, and optimizing resources, internal operations integration enhances organizational performance and competitiveness.
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What is the overall purpose of strategic management? multiple choice question. gain competitive advantage
Overall purpose of strategic management is to gain competitive advantage over competitors. Strategic management can be the key to delivering a stable bottom line in a marketplace where workplaces are constantly being disrupted by technology innovation. Creating a strategic vision necessitates knowledge of global trends, the competitive landscape, and stakeholder expectations.
Company executives who understand their own company's products or services as well as what their big competitors will do next can forecast and make timely business actions. It also means that they can plan for future possibilities and hazards. Strategic decisions and strategic management can help organizations improve their long-term competitive position.
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is it ethical or unethical to cheat on your taxes? Explain why or why not
Answer:
it would be unethical to do that because you are breaking the law
Answer:
It would be unethical.
Explanation:
coconutoil2217 is correct, it would be unethical to cheat on your taxes.
A Sign That Ethics Has Become A Primary Concern For Boards Of Directors Is That Multiple Choice Directors Area. More Often Chosen For Their Political Connections Than For Their Expertise b. Modern Executive Compensation Is Closely Linked To The Firm's Employee Retention Rate. C. Poor Financial Performance Is The Most Common Reason For CEOs To Be Fired Saved Help
Modern executive compensation is closely linked to the company's employee retention rate.
To elaborate: Ethical behavior toward employees is one of the primary responsibilities of the Board of Directors. They shouldn't be fired for little things. They should be given a chance to grow and develop.
2. the environment in which a manager works In addition to their social and ethical responsibilities, managers need to be aware of the environment in which they operate. If the business is to be viable and successful in the long run, they must take into account all of these factors.
What does "Board of Directors" mean?A board of directors is a group of people who represent the interests of shareholders. In addition, it offers advice to an organization's chief executive officer and executive team. A board provides general oversight of operations without getting involved in the day-to-day operations.
The hiring of the company's CEO or general manager and the evaluation of the company's overall strategy and direction are the board of directors' primary responsibilities. The CEO or general manager is responsible for hiring all other employees and overseeing the business's day-to-day operations.
The majority of the board of directors consists of the chief executive officer and occasionally other senior managers, as well as board members who are not otherwise associated with the company. The most common definition of an inside director is an employee of the company, though significant shareholders may also be included from time to time.
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record the sale of tractor.faucet landscaping purchased a tractor at a cost of $36,000 and sold it three years later for $18,000. faucet recorded depreciation using the straight-line method, a five-year service life, and a $2,000 residual value. tractors are included in the equipment account.
The Accumulated Depreciation - Equipment account has a credit balance, so we need to debit it to eliminate it from the books. Cash is debited for the amount received in the sale, and Equipment is credited to remove the asset from the balance sheet.
To record the sale of the tractor, the following journal entry should be made:
Debit: Accumulated Depreciation - Equipment $28,000(To eliminate the accumulated depreciation related to the tractor)
Debit: Cash $18,000(To record the cash received from the sale)
Credit: Equipment $36,000(To eliminate the cost of the tractor)
Credit: Gain on Sale of Equipment $10,000(To record the gain on sale of the tractor)
Since the tractor was sold for $18,000, the company recorded a gain on the sale of $10,000 ($18,000 sale price - $8,000 book value). To calculate the book value, we need to first calculate the annual depreciation expense, which is ($36,000 - $2,000) / 5 = $6,800. Over three years, the accumulated depreciation would be $20,400 ($6,800 x 3). Therefore, the book value of the tractor at the time of sale is $8,000 ($36,000 - $20,400).
Finally, the Gain on the Sale of the Equipment account is credited for the amount of the gain on the sale.
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do you feel that countries and companies need explicit strategies for technology development, given the tremendous amount of largely spontaneous creativity that occurs today, often in areas where new technologies are not expected to exert a great influence.
Countries and businesses require explicit strategies for technological development, according to the current market and business scenario, companies and countries use the most recent and up-to-date technologies.
What is meant by explicit strategies?Explicit strategies for technological development are unnecessary for countries and businesses. They may desire it in order to improve business processes and adapt to new technologies. Explicit strategies are those that are well defined and implemented in order to have clear technological development to the specified business structures. Implicit strategies, on the other hand, tend to confine companies and countries to a specific way of thinking, resulting in more concise technological development. This strategy would aid in simulating innovation and creativity in technological development.Because of the increase in technological advancement and Internet usage, our reliance on technology and its applications has changed in all aspects of our daily lives. Businesses must address the current demands of modern customers and the market, so IT-enabled solutions are required to achieve organizational goals and objectives.To learn more about strategy refer to :
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Yes i feel that countries and companies need explicit strategies for technology development, given the tremendous amount of largely...in areas where new technologies are not expected to exert a great influence.
Give a brief account on technological development.The process of developing new technologies or methods through invention, innovation, and spread is known as technological change (TC) or technological development. In essence, technological change includes the creation of technologies (including processes) and their commercialization or release as open source through research and development (producing emerging technologies), the continuous improvement of technologies (in which they frequently become less expensive), and the dissemination of technologies throughout industry or society (which sometimes involves disruption and convergence). To put it simply, better and more technology are the foundations of technological change. The "Linear Model of Invention," which was once used to illustrate technological change, has largely been abandoned in favour of a model of technological change that incorporates innovation at all stages of research.
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What is the meaning of plan?
Explanation:
somali waa dowlad awood weyn
How can buisness decision affect the local community??
Answer:
Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.Local businesses pay local taxes, bolstering the city revenue available for improvements to roads, schools, and area green spaces. When shoppers spend their money locally, the taxes they pay benefit their community and better their own lives. Shopping online, for example, may not keep tax revenue local.
temp trove rewards the employee who completes his or her projects before the due date by giving ten percent of his or her basic pay as incentives. in this scenario, temp trove is rewarding the employee who is considered a(n) . a. opinion leader b. bureaucrat c. rate buster d. soldier
Employee perks include financial compensation and transient incentives.
A Employers company's or an organization's employees profit from both monetary rewards and transient motivations. Financial incentives, such as cash or other forms of remuneration, are ones that a company gives to a worker in addition to a pay transient incentives..
Additionally, businesses offer their staff short-term incentives including bonuses, raises, awards for achievement, health and wellbeing, and amusing presents.
Therefore, financial gains are quantifiable cash prizes given for achievements. Employers frequently utilize monetary incentives and transient incentives to motivate staff to achieve their objectives.
Temp Trove rewards the employee who complains his or her projects before the due date by giving ten percent of his or her basic pay as incentives transient incentives.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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how do marketers use data to develop pricing strategies?
Marketers design price plans that maximise revenue and profitability while taking into account elements like brand positioning and product distinction. They do this by using data on consumer demographics, competition, and market demand.
Any marketing plan must include pricing since it affects a product or service's revenue and profitability. Marketers utilise information on consumer demographics, such as income and purchase patterns, to determine how sensitive consumers are to pricing and how much they are ready to spend. Together with their own brand positioning and product distinction, they also take into account the competition and market demand for similar items. Marketers may create pricing plans that maximise revenues while remaining competitive and consumer-friendly by analysing this data. This may entail establishing different pricing for certain client categories, providing discounts or promotions, or changing prices in response to changes in supply and demand.
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Point (4,-3) is at a Perpendicular distance of_________________
from the X-axis
how does tax increase cost of production?
Answer:
Tax incidence is the effect a particular tax has on the two parties of a transaction; the producer that makes the good and the consumer that buys it. The burden of the tax is not dependent on whether the state collects the revenue from the producer or consumer, but on the price elasticity of supply and the price elasticity of demand. To understand how elasticities influence tax incidence, it is important to consider the two extreme scenarios and how the tax burden is distributed between the two parties.
Answer:
As with the specific tax, the tax raises production costs, but the amount of tax varies with price level.
Explanation:
Three years ago, you purchased a corporate bond that pays 5.3 percent. The purchase price was $1,000. What is the annual dollar amount of interest that you receive from your bond investment?
Previous question
The annual dollar amount of interest that you receive from your bond investment is $53. To calculate the annual dollar amount of interest that you receive from your bond investment, you will need to use the formula:
Annual Interest = Principal x Rate
In this case, the principal is $1,000 and the rate is 5.3 percent. To convert the rate into decimal form, you need to divide it by 100. So, the rate is 0.053.
Putting these values into the formula, we get:
Annual Interest = $1,000 x 0.053
Annual Interest = $53
Therefore, the annual dollar amount of interest that you receive from your bond investment is $53. This is the amount that you will receive each year for as long as you hold the bond, assuming that the issuer does not default on its payments.
It is important to note that bond prices and interest rates can fluctuate over time, which can affect the value of your investment.
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5. Paulie Mateja purchased a digital camera for $699.99. The store charged 4.65% sales tax. What was the camera's total pur- chase price? A $703.64 B $732.54 C $753.64 D $767.54
Answer:
B : 732.54
Explanation:
1. 4.65% over 100% times with 699.99 = 32.55
2. plus 32.55 with 699.99
Employment agencies, career fairs, and Internet ads can all be sources of
a work permits
b.
school-to-work programs
C. résumés
d. job leads
Answer:
D. Job leads
Explanation:
Employment agencies, career fairs, and Internet ads can all be sources of job leads. Hence, Option D is correct.
What are the Employment agencies?There are various kinds of agencies in the whole world that target providing the required stuff to the person or the ultimate user when it comes to the types of agencies
There are various types of agencies that are present in the whole world according to the type of material that they have available at different agencies.
If it is about employment agencies, these are the agencies that provide employees to the ultimate employers, and with the help of employment agencies, those who belong to the unemployment category will get employment according to their qualifications.
Therefore, Option D is correct.
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It has been said that the advantage that leading edge retailers such as Well and Wal-Mart have over their competition is'nt technology ,it's their Management .Do you agree ? why or why not?
I agree that the advantage leading edge retailers have over their competition is not solely based on technology, and that management plays a crucial role.
Technology has become an integral part of retail operations, making it essential for all retailers to have a good technological infrastructure. However, technology alone cannot ensure success in a fiercely competitive market. It is the management team's strategic vision, strong leadership, efficient decision-making, and effective execution that truly determines a retailer's success or failure.
Leading edge retailers such as Well and Wal-Mart have invested heavily in the development of their management teams, creating a strong and cohesive unit that works together to achieve the company's goals. These companies have also established a culture of innovation, constantly striving to improve their strategies and stay ahead of the competition, all due to the efforts of their efficient management.
Therefore, I believe that the management team's expertise is the key factor that sets leading edge retailers apart, giving them a distinct advantage over their competitors, which cannot be ignored in today's highly competitive market.
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