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According to Monetarist Theory, the Force That Starts a Recession

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According to monetarist theory, the force that starts a recession is a


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Generative

Pertains to the ability to produce or create something new or innovative.

Symbolic

Representing something else, especially something abstract, through symbols or symbolism.

Semantic

Pertaining to meanings or the way meaning is constructed in language, especially the meaning of words and sentences.

Cognitive Revolution

The cognitive revolution refers to a significant shift in psychology during the 1950s to 1970s, emphasizing the study of the mind and internal mental processes.

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