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According to the text, professional clinical judgment is vulnerable to
Active Macroeconomic Policy
Economic strategies implemented by the government or central bank to stabilize the economy by adjusting spending, taxes, and interest rates.
Expansionary Gap
A situation where the actual output in an economy is greater than the potential output due to high demand.
Nominal Wages
The amount of money an employee is paid before adjustments for inflation, reflecting the current value of money.
Real Wages
The purchasing power of wages, adjusted for inflation, showing how many goods and services can be bought with a unit of labor.
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