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    Exam 14: Oligopoly and Strategic Behavior
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    If a Particular Bank Regularly Announces Changes in Its Interest
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If a Particular Bank Regularly Announces Changes in Its Interest

Question 243

Question 243

Multiple Choice

If a particular bank regularly announces changes in its interest rate schedules before its competitors, who then set rates very close to those announced by that bank, this could be described as


A) markup pricing.
B) predatory pricing.
C) price leadership.
D) explicit price collusion.

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