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The High Unemployment of 2008-2010 Caused a Substantial Decrease in Inflation

question 197

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The high unemployment of 2008-2010 caused a substantial decrease in inflation, which created fears of deflation.


Definitions:

Eugen Bleuler

A Swiss psychiatrist best known for coining the term "schizophrenia" and for his contributions to understanding mental illness.

Psychic Functions

The complex processes of the mind responsible for thoughts, feelings, and behaviors, including perception, cognition, emotion, and motivation.

Schizophrenia

A serious mental disorder characterized by disruptions in thought processes, perceptions, emotional responsiveness, and social interactions.

Splitting

A defense mechanism often associated with borderline personality disorder, involving an inability to integrate positive and negative aspects of oneself or others into a cohesive whole.

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