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In order to move the federal funds rate to the level it desires, the Fed must
Terminal Decline
The rapid decline in cognitive and physical functioning observed in individuals shortly before death.
Cognitive Functioning
Mental processes that include thinking, learning, memory, problem-solving, and decision-making.
Impending Death
The condition of being near the end of one's life, often due to terminal illness or old age.
Elisabeth Kübler-Ross
A Swiss-American psychiatrist known for her pioneering work on death and dying, specifically her theory on the five stages of grief.
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