open market |
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Definition
Where price of goods and services is governed by the forces of demand and supply, and not by manipulation by cartels or government policies. See also free market.
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open market is in the Economics, Politics, & Society subject.
open market appears in the definitions of the following terms:
certificate of free sale,
theory of rational expectations (TRE),
below the market,
Federal Home Loan Mortgage Corporation (Freddie Mac),
market price,
assured tenancy,
equilibrium price,
Federal National Mortgage Association (Fannie Mae),
inconvertibility
and
open market appears in these other terms: open market operations, open market purchasing
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