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Consumer Decision-Making Process Paper
The consumer decision making process is used by marketers to make important marketing decisions. When a consumer decides to buy a product they follow through the course of realizing the problem, searching for information, evaluating the alternatives, choosing the product, and contemplating the purchase after it has been bought. Marketers can influence consumer's actions by evaluating their decision making processes. Making sure that the consumer is satisfied with their purchase from the beginning to the end is highly effective in ensuring that the product is continually successf
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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