Examlex
What does an increase in the interest rate cause?
Automatic System
A cognitive system that operates quickly and without conscious effort, responsible for fast and intuitive reactions and judgements.
Conscious System
Refers to the parts of the mind that are aware of surroundings, thoughts, and feelings at any given moment.
Planning Fallacy
The tendency for plans to be overly optimistic because the planner fails to allow for unexpected problems.
Overly Optimistic
Describes a tendency to hold a rosier outlook than reality might support, often resulting in unrealistic expectations.
Q85: In which situation would the long-run aggregate-supply
Q97: Since the mid-1990s, Canadian governments have tried
Q101: How is the effect of a decrease
Q108: The logic behind the tradeoff between inflation
Q124: Which of Keynes's theories does liquidity preference
Q136: Friedman argued that a central bank could
Q138: According to the sticky-wage theory, which statement
Q139: Mexico suffered from capital flight in 1994.
Q174: Suppose the real exchange rate is 1
Q189: What is classical dichotomy?<br>A) It is the