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Use the following to answer questions .
Exhibit: The Money Supply and Aggregate Demand
-(Exhibit: The Money Supply and Aggregate Demand) Panel (b) illustrates what happens when the Fed
Perceiver
An individual or entity that observes, receives, and interprets information or stimuli.
Perception
The process by which individuals interpret and organize sensation to produce a meaningful experience of the world.
Similarity Error
A type of perception error where individuals inaccurately assess others based on perceived similarities to themselves, often leading to biased decisions.
Contrast Error
A cognitive bias in evaluation or judgment where a person or thing is compared to those recently encountered, rather than assessed on individual merit.
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