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Video stores like Blockbuster and Family Video used to be commonplace in cities across the United States. As different options like Redbox and Netflix entered
Video stores like Blockbuster and Family Video used to be commonplace in cities across the United States. As different options like Redbox and Netflix entered the market, consumers shifted their interests in response as they adapted to the competitors. Which of the following forces affecting markets does this best represent? Multiple Choice market expansion mixed economies incomplete information O monetary influences consumer sovereignty O The Fed has begun lowering interest rates. What will be the most likely outcome of this action? Multiple Choice Consumers will be less likely to borrow from banks. The economy will be more likely to enter a trough. Businesses will be more likely to borrow from banks. The economy will be less likely to see a rise in gross domestic product. Government spending will be more likely to decrease
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