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The bond supply and demand framework is easier to use when analyzing the effects of changes in ________,while the liquidity preference framework provides a simpler analysis of the effects from changes in income,the price level,and the supply of ________.
Fluid Intelligence
refers to the ability to reason quickly, think abstractly, and solve problems in novel situations independently of acquired knowledge.
Expert
An individual who possesses a high level of knowledge or skill in a particular domain or field.
Novice
A beginner or someone new to a field or activity, with limited knowledge or experience.
Cognitive Artifact
Man-made objects or tools that are created to enhance cognitive tasks such as remembering, reasoning, or learning.
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